Pennsylvania § 8123 - Maturity date and time of payment of interest.

Full text of Pennsylvania Pennsylvania Consolidated Statutes § 8123 — Maturity date and time of payment of interest., with citation guidance and answers to common questions.

§ 8123. Maturity date and time of payment of interest.

No tax anticipation notes shall be stated to mature beyond the last day of the fiscal year in which the tax anticipation notes are issued. Interest on tax anticipation notes from the date thereof shall be payable at the maturity of the notes or payable in installments at such earlier dates and at such annual rate or rates determined by the governing body of the local government unit.

Cross References. Section 8123 is referred to in section 8124 of this title.

Source: official Pennsylvania text · Last verified 2026-08-27

Frequently Asked Questions About Pennsylvania § 8123

What does Pennsylvania Consolidated Statutes § 8123 cover?

Section 8123 ("Maturity date and time of payment of interest.") 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 § 8123?

A common citation format is "Pennsylvania Consolidated Statutes § 8123" (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 § 8123 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.