24 Pa. Stat. § 6-666

Current through Pa Acts 2024-53, 2024-56 through 2024-92

Section 6-666 - Limit of indebtedness

The total indebtedness incurred or created in any school district of the first class and first class A, including any indebtedness assumed by it on or before the eighteenth day of May, one thousand nine hundred eleven, shall not exceed fifteen (15) per centum upon the total assessed value of the taxable property in such school district.

24 P.S. § 6-666

1949, March 10, P.L. 30, art. VI, § 666. Amended 1961, Feb. 28, P.L. 57, § 1; 1965, Dec. 1, P.L. 1007, § 1; 1967, March 16, P.L. 9, § 4.