36 Pa. Stat. § 652i

Current through Pa Acts 2024-53, 2024-56 through 2024-92
Section 652i - Proceeds of bonds, how used

All moneys received from any bonds issued pursuant to this act shall be applied solely to the purpose for which such bonds are issued, as provided in the resolution authorizing the issuance thereof, and there shall be, and hereby is created and granted, a lien upon such moneys until so applied in favor of holders of such bonds or the trustee hereinafter provided for in respect of such bonds.

36 P.S. § 652i

1937, May 21, P.L. 774, No. 211, § 9; 1945, May 24, P.L. 972, § 1.