Pennsylvania Statutes Title 53 P.S. Municipal and Quasi-Municipal Corporations § 11701.243. Review of plan

(a) General rule.--The coordinator, in his discretion, shall consider comments made on the plan.  Creditors who do not consent to the handling of their claim by the plan shall notify the coordinator of their rejection of the plan not later than ten days before the public meeting scheduled by the governing body under section 245.  1

(b) Rejected claims.--If a creditor has rejected the plan, the coordinator shall make a written report to the governing body stating whether the timing and amount of payment or proposed resolution of the claim is the best disposition the municipality can make.

(c) Additional negotiations authorized.--Additional negotiations between the municipality and creditors rejecting the plan shall be encouraged and presided over by the coordinator.

(d) Governing body proposals.--The governing body of the municipality may propose to the coordinator resolutions of claims which have been the reason for rejection of the proposed plan, and the coordinator may revise the plan accordingly.

(e) Revision on own initiative.--Nothing in this section shall preclude the coordinator from revising a plan of his own initiative.