53 Pa. Stat. § 2965

Current through Pa Acts 2024-53, 2024-56 through 2024-92
Section 2965 - Issue of bonds secured solely by waterworks and revenues therefrom

For the purpose of said purchase the municipality may issue bonds, which shall be secured solely by such waterworks, systems, and property, and the revenues thereof, and without other liability whatever of said municipality thereon, to an amount not exceeding the appraisement of the value fixed by said appraisers or the court. The proceeds of the sale of such bonds shall be used exclusively for the purpose of making payment for the property so acquired.

53 P.S. § 2965

1907, May 31, P.L. 355, § 5. Amended 1909, April 22, P.L. 135, § 1.