6161 - Authority to borrow. - Pennsylvania Statutes

SUBCHAPTER E BOND ISSUANCE Sec. 6161. Authority to borrow. 6162. Bonds. 6163. Sale of bonds. 6164. Refunding bonds. 6165. Disposition and use of proceeds. 6166. Registration of bonds. 6167. Information to General Assembly. 6168. Redemption of bonds. 6169. Expenses of preparation, issue and sale of bonds. Cross References. Subchapter E is referred to in section 6143 of this title. § 6161. Authority to borrow. The Governor, Auditor General and State Treasurer are hereby authorized to borrow, by the issuance of limited obligations of the Commonwealth, money not exceeding $25,000,000 for aviation development throughout this Commonwealth.