Pennsylvania Statutes Title 53 P.S. Municipal and Quasi-Municipal Corporations § 11701.705. Receiver

(a) Appointment.--The court shall appoint the receiver as provided under section 702.  1

(b) Qualifications.--The receiver shall have the following qualifications:

(c) Vacancy.--A vacancy in the office of the receiver shall be filled in the same manner as the original appointment.

(d) Revocation.--Upon application to Commonwealth Court by the secretary, the appointment of the receiver shall be revoked, and the receiver shall be replaced by the individual named in the application.  The court shall have no authority to appoint anyone other than the individual named in the application as the receiver.

(e) Compensation and expenses.--The receiver's compensation and reimbursement for actual and necessary expenses shall be paid by the Commonwealth.  Compensation shall be established by the secretary.

(f) Prohibitions.--The receiver may not:

(g) Liability.--The receiver shall not be liable personally for any obligations of the distressed municipality or authority.  It is declared to be the intent of the General Assembly that the receiver shall enjoy sovereign and official immunity as provided in 1 Pa.C.S. § 2310 (relating to sovereign immunity reaffirmed;  specific waiver) and shall remain immune from suit except as provided by and subject to the provisions of 42 Pa.C.S. Ch. 85 Subchs. A (relating to general provisions) and B   3 (relating to actions against Commonwealth parties).

(h) Prior appointment.--A person who has previously contracted with the department or the distressed municipality as a coordinator, receiver, financial consultant, legal counsel or through a contract under the Early Intervention Program under Chapter 1-A   4 may not be deemed ineligible to be appointed as a receiver under this section solely on the basis of that contract.