33 chapters · 633 sections in this title.
53 Pa.C.S. § 5513 Pledge by Commonwealth
1.4K chars
(a) Power of authorities.--The Commonwealth pledges to and agrees with any person, firm or corporation or Federal agency subscribing to or acquiring the bonds to be issued by the authority for the construction, extension, improvement or enlargement of a project or part thereof th…
53 Pa.C.S. § 5514 Termination of authority
1.2K chars
(a) Conveyance of projects.--When an authority has finally paid and discharged all bonds, with interest due, which have been secured by a pledge of any of the revenues or receipts of a project, it may, subject to agreements concerning the operation or disposition of the project, …
53 Pa.C.S. § 5515 Exemption from taxation; payments in lieu of taxes
0.8K chars
The effectuation of the authorized purposes of authorities created under this chapter shall be for the benefit of the residents of municipalities, for the increase of their commerce and prosperity and for the improvement of their health, safety and living conditions. Since author…
53 Pa.C.S. § 5516 Transfer of existing facilities to authority
2.6K chars
(a) Authorization.--Any county, city, borough, town or township or any owner is authorized to sell, lease, lend, grant or convey to an authority a project or any part of a project or any interest in real or personal property which may be used by the authority in the construction,…