53 Pa. C.S. § 8123

Current through Pa Acts 2024-53, 2024-56 through 2024-111
Section 8123 - Maturity date and time of payment of interest

No tax anticipation notes shall be stated to mature beyond the last day of the fiscal year in which the tax anticipation notes are issued. Interest on tax anticipation notes from the date thereof shall be payable at the maturity of the notes or payable in installments at such earlier dates and at such annual rate or rates determined by the governing body of the local government unit.

53 Pa.C.S. § 8123

1996, Dec. 19, P.L. 1158, No. 177, § 1, effective in 60 days.