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Current as of January 01, 2026 | Updated by Findlaw Staff
Any borrowing under the provisions of this article shall be secured by the current revenues levied and assessed for revenue purposes of every kind or character accruing to the General Fund or the current revenues of the Motor License Fund, or the sum of the moneys in the two funds, respectively proportioned, during the current fiscal period and, except in the case of repayment of outstanding notes from the proceeds of replacement notes, shall be paid out of such revenues and so much of such revenues as shall be necessary for the payment of the principal and interest of such loans are hereby specifically and respectively appropriated. The Department of Revenue shall allocate such revenues to said payments.
Cite this article: FindLaw.com - Pennsylvania Statutes Title 72 P.S. Taxation and Fiscal Affairs § 1604-A. Security for notes - last updated January 01, 2026 | https://codes.findlaw.com/pa/title-72-ps-taxation-and-fiscal-affairs/pa-st-sect-72-1604-a/
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