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Definitions - 32 Pa. Cons. Stat. § 7502Legal Research Home > Pennsylvania Statutes
§ 7502. Definitions.
The following words and phrases when used in this chapter
shall have, unless the context clearly indicates otherwise, the
meanings given to them in this section:
"Board." The Water Facilities Loan Board established by this
chapter.
"Issuing officials." The Governor, the Auditor General and
the State Treasurer.
"Municipality." A city, borough, incorporated town,
township, county or municipal authority.
"Notes." Temporary obligations issued by the Commonwealth
pursuant to this chapter in anticipation of bonds, and shall
include renewal notes.
"Renewal notes." Notes, the net proceeds of which are used
to pay principal, accrued interest and premium, if any, of
previously issued notes or renewal notes, and which evidence the
same temporary borrowing of the Commonwealth as the notes or
renewal notes replaced.
(Mar. 1, 1988, P.L.82, No.16)
1988 Repeal Note. Act 16 repealed the defs. of "community
water supply system," "department," "flood control facility,"
"port facility," "project" and "water facility." Section 20(a)
of Act 16 provided that the repeal of these definitions shall
take effect on the date that the Governor certifies by
publication in the Pennsylvania Bulletin the existence of a
quorum on the Pennsylvania Infrastructure Investment Authority.
The certification by the Governor was published in the
Pennsylvania Bulletin on March 26, 1988 (14 Pa.B. 1342).
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Last modified: November 27, 2007 |