Section 11701.263 - Application of this act during Federal action(a)Existing plan.--After filing a Federal municipal debt adjustment action, if there is a plan in process under the terms of this act, the municipality shall utilize the plan and the expertise of the plan coordinator, among others available to it, to work out a revised plan to be proposed through the Federal action, adapting it to incorporate Federal remedies which are appropriate in the circumstances.(b)Necessary plan development.--A municipality which files a municipal debt adjustment action under Federal law, whether or not a proceeding under this act had been commenced as of the date of such filing, shall utilize the procedures set up by this act concurrently with the processing of the Federal action, so as to efficiently expedite the formulation of a plan, its timely confirmation by the Federal court having jurisdiction of the Federal action and its adoption by ordinance.(c)Plan implementation.--After adoption of a plan by the municipality as an ordinance and confirmation of the plan by the Federal court, implementation of the plan shall be coordinated through this act and in accordance with requirements set by the Federal court. 1987, July 10, P.L. 246, No. 47, § 263, effective in 60 days.