Pennsylvania § 14993 - Pay off, cancellation, priority and sale of county bonds.
Full text of Pennsylvania Pennsylvania Consolidated Statutes § 14993 — Pay off, cancellation, priority and sale of county bonds., with citation guidance and answers to common questions.
§ 14993. Pay off, cancellation, priority and sale of county bonds.
(a) Pay off and cancellation of bonds.--In order to facilitate the extinguishment of the county debt, the county bonds purchased by the sinking fund commission shall be paid off and canceled according to the priority of maturity. The commission may, at the commission's discretion, withhold the purchase of the maturing county bonds until after bonds purchased from a later issue of county bonds shall be paid off and canceled.
(b) Sale of bonds.--If the sinking fund commission does not have sufficient money to meet the payment of the earlier maturing bonds, the bonds shall be sold by the commission at not less than par.
Source: official Pennsylvania text · Last verified 2026-08-27
Frequently Asked Questions About Pennsylvania § 14993
What does Pennsylvania Consolidated Statutes § 14993 cover?
Section 14993 ("Pay off, cancellation, priority and sale of county bonds.") 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 § 14993?
A common citation format is "Pennsylvania Consolidated Statutes § 14993" (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 § 14993 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.