1. (a) Authorization.— The residents of a municipality may raise a fund equal to or exceeding the gross amount of a three-mill tax on taxable property in the municipality by popular subscription.
2. (b) Acceptance by municipality.— If the fund raised by popular subscription is offered to the municipality for the purpose of establishing a local library, the municipal officers of the municipality shall accept the fund and use it for the sole purpose of establishing a local library.
3. (c) Limitation on subscribers.— No more than 2% of the fund raised by popular subscription may be subscribed by one individual or organization.
4. (d) Payment of subscription.— The subscription may be made payable in four quarterly payments and shall be in a form that is collectible by legal process if necessary.
5. (e) Control of fund.— Upon receipt of the fund authorized under subsection (a), the municipal officers shall immediately place the fund under the control of a board of library directors appointed under section 9318 (relating to local library governance).
6. (f) Library tax.— The municipal officers shall levy and collect a tax at the annual rate of not less than one and one-half mills annually on taxable property in the municipality for the purpose of maintaining a library established under the provisions of this section.

Cross References. Section 9352 is referred to in section 9318 of this title.