Borrowing in anticipation of current revenue.

11 Pa.C.S. § 11811.2
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
In accordance with 53 Pa.C.S. Pt. VII Subpt. B (relating to indebtedness and borrowing), cities may: (1) borrow money in anticipation of current revenues to an amount of not more than the anticipated current revenues, which shall be pledged for the payment of the loan or loans; and (2) issue notes or other forms of obligation in evidence of the debt.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.palegis.us/statutes/consolidated/view-statute?txtType=HTM&ttl=11Fetched: 10/16/2026

Starting a business in Pennsylvania? Pennsylvania LLC guide: costs and requirements