53 Pa.C.S. ch. 55 – Parking Authorities | Midpage

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Pennsylvania Consolidated Statutes

Chapter 55

53 Pa.C.S. ch. 55

Parking Authorities

5501Scope of chapter 5502Declaration of policy 5503Definitions 5504Method of incorporation 5505Purposes and powers 5506Bonds 5507Bondholders 5508Governing body 5508.1Special provisions for authorities in cities of the first class 5508.2Additional special provisions for authorities in cities of the first class; mixed-use projects 5508.3Restrictions on authorities in cities of the first class 5508.4Granting of interests and mixed-use projects for authorities in cities of the second class 5509Acquisition of lands 5510Money of authority 5510.1Management of authority funds in cities of the first class 5510.2Special funds in cities of the first class 5510.3Bonds in cities of the first class 5510.4Contracts with obligees of an authority in cities of the first class 5510.5Commonwealth pledges in cities of the first class 5510.6Provisions of bonds and trust indentures in cities of the first class 5510.8Bonds to be legal investments 5510.9Validity of pledge 5510.10Security interest in funds and accounts 5510.11Limitation on authority under Federal bankruptcy code 5511Competition in award of contracts 5512Use of projects 5513Pledge by Commonwealth 5514Termination of authority 5515Exemption from taxation; payments in lieu of taxes 5516Transfer of existing facilities to authority 5517Severability