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Pennsylvania Statutes Title 24 P.S. Education § 6-662-A. Vote to proceed

Current as of January 01, 2025 | Updated by Findlaw Staff

(a) General rule.--Within 14 days following a declaration of financial recovery status under section 621-A,  1 the board of school directors of a school district to which this subdivision applies shall, at a regular or special meeting of the board of school directors, adopt by majority vote a resolution electing to proceed with one of the following:

(1) cooperation with the chief recovery officer appointed under Subdivision (ii)  2 and development, approval and implementation of a financial recovery plan under sections 663-A and 664-A;  3 or

(2) the appointment of a receiver under Subdivision (vi). 4

(b) Effect of failure to vote.--Any failure by the board of school directors to hold a vote under this section within 14 days shall be deemed a vote to proceed with the appointment of a receiver.

(c) Receivership.--Where the board of school directors votes to proceed with the appointment of a receiver under subsection (a)(2) or fails to hold a vote under subsection (a), the secretary shall file a petition for the appointment of a receiver under section 671-A(a)  5 by the earlier of the following:

(1) five days following the vote of the board of school directors to proceed with the appointment of a receiver; or

(2) nineteen days following the declaration of financial recovery status.

1 24 P.S. § 6-621-A.
2 24 P.S. § 6-631-A et seq.
3 24 P.S. §§ 6-663-A, 6-664-A.
4 24 P.S. § 6-671-A et seq.
5 24 P.S. § 6-671-A.
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Cite this article: FindLaw.com - Pennsylvania Statutes Title 24 P.S. Education § 6-662-A. Vote to proceed - last updated January 01, 2025 | https://codes.findlaw.com/pa/title-24-ps-education/pa-st-sect-24-6-662-a/

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