Pennsylvania § 11811.2 - Borrowing in anticipation of current revenue.
Full text of Pennsylvania Pennsylvania Consolidated Statutes § 11811.2 — Borrowing in anticipation of current revenue., with citation guidance and answers to common questions.
§ 11811.2. Borrowing in anticipation of current revenue.
In accordance with 53 Pa.C.S. Pt. VII Subpt. B (relating to indebtedness and borrowing), cities may:
(1) borrow money in anticipation of current revenues to an amount of not more than the anticipated current revenues, which shall be pledged for the payment of the loan or loans; and
(2) issue notes or other forms of obligation in evidence of the debt.
Source: official Pennsylvania text · Last verified 2026-08-27
Frequently Asked Questions About Pennsylvania § 11811.2
What does Pennsylvania Consolidated Statutes § 11811.2 cover?
Section 11811.2 ("Borrowing in anticipation of current revenue.") is part of the Pennsylvania Consolidated Statutes, the codified statutory law of Pennsylvania. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Pennsylvania § 11811.2?
A common citation format is "Pennsylvania Consolidated Statutes § 11811.2" (Pennsylvania). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Pennsylvania law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Pennsylvania official source linked on this page or consult a licensed Pennsylvania attorney.
How does Pennsylvania § 11811.2 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Pennsylvania can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Pennsylvania.