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Current as of January 01, 2026 | Updated by Findlaw Staff
(a) Status.--A municipality which files a municipal debt adjustment action under Federal law shall be deemed to be a financially distressed municipality under this act.
(b) Notice.--The municipality shall immediately notify the secretary and the plan coordinator, if one has been assigned, of the Federal filing.
(c) Appointment of coordinator.--Upon receipt of notice of filing of the Federal action by a municipality, the secretary shall appoint a plan coordinator under section 221, 1 if none had yet been appointed. The coordinator shall formulate a plan approvable by the Federal court.
Cite this article: FindLaw.com - Pennsylvania Statutes Title 53 P.S. Municipal and Quasi-Municipal Corporations § 11701.262. Significance and duty on filing Federal action - last updated January 01, 2026 | https://codes.findlaw.com/pa/title-53-ps-municipal-and-quasimunicipal-corporations/pa-st-sect-53-11701-262/
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