reglab/housing_qa huggingface dataset:
64 PA Cons Stat § 1130 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 64 - PUBLIC AUTHORITIES AND QUASI-PUBLIC CORPORATIONS|Chapter 11 - Pennsylvania Industrial Development Authority|Section 1130 - Transfer of loans from certain programs

§ 1130. Transfer of loans from certain programs. (a) Loan transfer.--On the effective date of this section, outstanding loans executed under the Small Business First Program and the Machinery and Equipment Loan Program and approved loan commitments that have not been executed by the effective date of this section, including necessary documentation and collateral security associated with the loans, shall be transferred from the department to the authority.  (b) Loan commitments.--An approved loan commitment transferred under subsection (a) shall be executed in accordance with 12 Pa.C.S. Chs. 23 (relating to small business first) and 29 (relating to machinery and equipment loans).  (c) Legal actions.--On the effective date of this section, each legal action relating to a loan under the Small Business First Program or the Machinery and Equipment Loan Program shall be transferred to the authority.  (d) Security or collateral.--No money deposited or to be deposited into the Small Business First Fund or the Machinery and Equipment Loan Fund may serve as security or collateral for any debt incurred by the board before the effective date of this section, unless proceeds made available by the debt are used by the board to fund loans or other financial assistance under the Small Business First Program or the Machinery and Equipment Loan Program to effectively carry out the purposes of the programs.
64 PA Cons Stat § 1501 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 64 - PUBLIC AUTHORITIES AND QUASI-PUBLIC CORPORATIONS|Chapter 15 - Commonwealth Financing Authority|Section 1501 - Scope

§ 1501. Scope. This chapter relates to the Commonwealth Financing Authority.
64 PA Cons Stat § 1502 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 64 - PUBLIC AUTHORITIES AND QUASI-PUBLIC CORPORATIONS|Chapter 15 - Commonwealth Financing Authority|Section 1502 - Construction

§ 1502. Construction.  (a) General rule.--This chapter shall be liberally construed in order to effect the legislative and public purposes as set forth in this subchapter.  (b) Rights of obligees.--The provisions of this chapter providing for security, rights and remedies of obligees of the authority shall be liberally construed to achieve the legislative and public purposes as set forth in this subchapter.  (c) Limitation.--If any provision of this chapter is judged to be invalid by a court of competent jurisdiction, the order or judgment shall be confined in its operation to the controversy in which it was rendered and shall not affect or invalidate any remaining provision of this chapter.
64 PA Cons Stat § 1514 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 64 - PUBLIC AUTHORITIES AND QUASI-PUBLIC CORPORATIONS|Chapter 15 - Commonwealth Financing Authority|Section 1514 - Limitation

§ 1514. Limitation. Except upon foreclosure or default under a loan made under this chapter, the board may not approve an application or finance a project if the board or authority would be required to operate, service or maintain the project under a lease or other agreement.
64 PA Cons Stat § 1522 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 64 - PUBLIC AUTHORITIES AND QUASI-PUBLIC CORPORATIONS|Chapter 15 - Commonwealth Financing Authority|Section 1522 - Commonwealth taxation

§ 1522. Commonwealth taxation.  (a) General.--The effectuation of the purposes of the authority is for the benefit of the people of this Commonwealth, for the increase of commerce and prosperity and for the improvement of health, safety, welfare and living conditions.  (b) Authority.--Since the authority, as a public instrumentality of the Commonwealth, will be performing essential governmental functions in effectuating these purposes, the authority is not required to pay any taxes or assessments upon any property acquired or used or permitted to be used by the authority for its purposes.  (c) Bonds.--Bonds issued by the authority, the transfer and the income from the bonds, including profit made on their sale, are free from State and local taxation within this Commonwealth. The exclusion under this subsection shall not extend to gift, estate, succession or inheritance taxes or any other taxes not levied directly on the bonds, their transfer, the income from the bonds or the realization of profits on their sale.
64 PA Cons Stat § 1523 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 64 - PUBLIC AUTHORITIES AND QUASI-PUBLIC CORPORATIONS|Chapter 15 - Commonwealth Financing Authority|Section 1523 - Federal taxation

§ 1523. Federal taxation.  (a) Allocation.--If the bonds issued by the authority for a project are tax-exempt bonds for which Federal law requires an allocation, the department may issue an allocation upon receipt of a written request by the board. An allocation must be issued by the department prior to the approval of the resolution authorizing the issuance of the bonds by the board.  (b) Approval.--If gubernatorial approval is required by Federal or Commonwealth law, the Governor may approve the issuance of bonds by the authority upon receipt of written request for approval from the board. The written request must state all of the following:  (1) The authority has conducted a public hearing, with appropriate public notice, concerning the purposes for which the bonds are to be issued.  (2) A description of the project or projects to be financed.  (3) A description of the method of financing the project or projects.  (4) A summary of the comments made and questions posed at the public hearing.
64 PA Cons Stat § 1524 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 64 - PUBLIC AUTHORITIES AND QUASI-PUBLIC CORPORATIONS|Chapter 15 - Commonwealth Financing Authority|Section 1524 - Validity of bonds; limitation on actions

§ 1524. Validity of bonds; limitation on actions.  (a) Presumption.--Bonds reciting in substance that they have been issued by the authority to accomplish the public purposes of this chapter shall be conclusively deemed in any suit, action or proceeding involving the validity or enforceability of the bonds or their security to have been issued for the public purposes of this chapter.  (b) Estoppel.--After issuance, bonds shall be conclusively presumed to be fully authorized and issued under the laws of this Commonwealth, and any person shall be estopped from questioning their validity, sale, execution or delivery by the authority.
64 PA Cons Stat § 1526 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 64 - PUBLIC AUTHORITIES AND QUASI-PUBLIC CORPORATIONS|Chapter 15 - Commonwealth Financing Authority|Section 1526 - Validity of pledge

§ 1526. Validity of pledge. A pledge of or grant of a security interest in revenues or instruments made by the authority shall be valid and binding from the time when the pledge is made. The revenues, receipts, money, funds or other property or instruments pledged and later received by the authority shall immediately be subject to the lien of the pledge or security interest without any physical delivery of the property pledged or further act. The lien of the pledge or security interest shall be valid and binding as against all parties having claims of any kind in tort, contract or otherwise against the authority irrespective of whether the parties have notice of the lien, pledge or security interest. No instrument by which a pledge or security interest is created, evidenced or noticed need be recorded or filed to perfect the pledge or security interest except in the records of the authority.
64 PA Cons Stat § 1527 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 64 - PUBLIC AUTHORITIES AND QUASI-PUBLIC CORPORATIONS|Chapter 15 - Commonwealth Financing Authority|Section 1527 - Commonwealth pledges

§ 1527. Commonwealth pledges.  (a) Bondholders.--The Commonwealth pledges to and agrees with each obligee of the authority that the Commonwealth will not limit or alter the rights and powers vested in the authority or otherwise created by this chapter in any manner inconsistent with the obligations of the authority to its obligees until all bonds at any time issued, together with the interest on the bonds, are fully paid and discharged.  (b) Lessees.--The Commonwealth pledges and agrees with any person that, as owner of property which is leased or subleased to or from the authority, it will not limit or alter the rights and powers vested in the authority or otherwise created by this chapter in any manner which impairs the obligations of the authority until all the obligations of the authority under the lease or sublease are fully met and discharged.
64 PA Cons Stat § 1528 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 64 - PUBLIC AUTHORITIES AND QUASI-PUBLIC CORPORATIONS|Chapter 15 - Commonwealth Financing Authority|Section 1528 - Bonds to be legal investments

§ 1528. Bonds to be legal investments.  (a) Investments.--Bonds issued pursuant to this chapter are made securities in which all of the following may properly and legally invest funds, including capital, deposits or other funds in their control or belonging to them:  (1) Government agencies.  (2) Insurance companies.  (3) Trust companies.  (4) Banking associations, banking corporations and savings banks.  (5) Investment companies.  (6) Executors, trustees and other fiduciaries.  (7) Trustees of any retirement, pension or annuity fund or system of the Commonwealth.  (b) Deposits.--Bonds issued by the authority are made securities which may properly and legally be deposited with and received by a government agency for any purpose for which the deposit of bonds or other obligations of the Commonwealth are authorized by law.
64 PA Cons Stat § 1529 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 64 - PUBLIC AUTHORITIES AND QUASI-PUBLIC CORPORATIONS|Chapter 15 - Commonwealth Financing Authority|Section 1529 - Rights and remedies of obligees

§ 1529. Rights and remedies of obligees. The rights and remedies conferred upon or granted to obligees of the authority pursuant to this chapter shall be in addition to and not in limitation of rights and remedies lawfully granted to obligees of the authority by the resolution providing for the issuance of bonds or by any trust agreement or other agreement under which the bonds may be issued or secured.
64 PA Cons Stat § 1541 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 64 - PUBLIC AUTHORITIES AND QUASI-PUBLIC CORPORATIONS|Chapter 15 - Commonwealth Financing Authority|Section 1541 - Trust accounts

§ 1541. Trust accounts. The authority shall establish one or more trust accounts into which it shall deposit the proceeds of bonds authorized to be issued pursuant to section 1521 (relating to bonds issuance) to fund the programs established in Subchapter E (relating to programs) and any other moneys legally available for the purpose. Moneys held in an account established under this section may be pledged by the authority to secure payment of the bonds.
64 PA Cons Stat § 1542 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 64 - PUBLIC AUTHORITIES AND QUASI-PUBLIC CORPORATIONS|Chapter 15 - Commonwealth Financing Authority|Section 1542 - Revolving loan program accounts

§ 1542. Revolving loan program accounts.  (a) The Business in Our Sites Program account.--The authority shall establish an account for the program established in section 1551 (relating to Business in Our Sites Program). Proceeds of bonds issued to fund the Business in Our Sites Program and any moneys received as loan repayments under the Business in Our Sites Program, or moneys otherwise made available to the program, shall be deposited in the account and made available for additional planning grants, project grants or loans for the purposes of the program in section 1551, subject to the provisions of any pledge to or agreement made by the authority with obligees of the authority.  (b) The First Industries Program account.--The authority shall establish an account for the program established in section 1552 (relating to First Industries Program). Proceeds of bonds issued to fund the First Industries Program, any moneys received as loan repayments or in repayment or recovery of loan guarantees under the program, or moneys otherwise made available to the program, shall be deposited in the account and made available for additional planning grants or loans or used for additional loan guarantees as provided in section 1552, subject to the provisions of any pledge to or agreement made by the authority with obligees of the authority.  Cross References. Section 1542 is referred to in section 1552 of this title.
64 PA Cons Stat § 1544 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 64 - PUBLIC AUTHORITIES AND QUASI-PUBLIC CORPORATIONS|Chapter 15 - Commonwealth Financing Authority|Section 1544 - Use

§ 1544. Use.  (a) General rule.--Money of the authority shall be used by the board to fund the programs established in Subchapter E (relating to programs) and in 12 Pa.C.S. Ch. 29 (relating to machinery and equipment loans).  (b) Transfer.--By December 31, 2006, the authority shall transfer in the aggregate $75,000,000 to the department for deposit in the account created by 12 Pa.C.S. § 2904 (relating to Machinery and Equipment Loan Fund).  (c) Administrative expenses.--The authority may use moneys, including the proceeds of bonds, to pay the administrative expenses of the authority and of the department incurred under this chapter.
64 PA Cons Stat § 6001 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 64 - PUBLIC AUTHORITIES AND QUASI-PUBLIC CORPORATIONS|Chapter 60 - Pennsylvania Convention Center Authority|Section 6001 - Scope of chapter

§ 6001. Scope of chapter. This chapter deals with convention center authorities in cities of the first class.
64 PA Cons Stat § 6004 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 64 - PUBLIC AUTHORITIES AND QUASI-PUBLIC CORPORATIONS|Chapter 60 - Pennsylvania Convention Center Authority|Section 6004 - Authority created; existing authority continued

§ 6004. Authority created; existing authority continued. A body corporate and politic named the Pennsylvania Convention Center Authority is created and continued as a public authority and instrumentality of the Commonwealth which shall have continuing succession until its existence shall be terminated by law. The exercise by the authority of the powers conferred by this chapter or under the former provisions of the act of June 27, 1986 (P.L.267, No.70), known as the Pennsylvania Convention Center Authority Act, formerly codified at 53 Pa.C.S. Ch. 59 (relating to the Pennsylvania Convention Center Authority), is declared to be and shall for all purposes be deemed and held to be the performance of an essential public function.  Special Provisions in Appendix. See sections 3(1) and 4 of Act 3 of 2004 in the appendix to this title for special provisions relating to continuation of prior law and applicability of law.
64 PA Cons Stat § 6007 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 64 - PUBLIC AUTHORITIES AND QUASI-PUBLIC CORPORATIONS|Chapter 60 - Pennsylvania Convention Center Authority|Section 6007 - Acquisition of lands

§ 6007. Acquisition of lands. (a) Power.--If the authority deems it necessary for a purpose under this chapter, the authority has the power to acquire any of the following with respect to land within the city by purchase or eminent domain proceedings:  (1) A fee. (2) Any right, title, interest or easement. (b) Procedure.--The right of eminent domain shall be exercised by the authority in the manner provided by the act of June 22, 1964 (Sp.Sess., P.L.84, No.6), known as the Eminent Domain Code.    References in Text. The act of June 22, 1964 (Sp.Sess., P.L.84, No.6), known as the Eminent Domain Code, referred to in subsec. (b), was repealed by the act of May 4, 2006 (P.L.112, No.34). The subject matter is now contained in Title 26 (Eminent Domain).
64 PA Cons Stat § 6008 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 64 - PUBLIC AUTHORITIES AND QUASI-PUBLIC CORPORATIONS|Chapter 60 - Pennsylvania Convention Center Authority|Section 6008 - Purposes and powers; bonds

§ 6008. Purposes and powers; bonds.  (a) Authorization.--  (1) Bonds must be authorized by resolution of the board. A resolution authorizing the issuance of bonds must specify all of the following:  (i) Series.  (ii) Date of maturity not exceeding 40 years from date of issue.  (iii) Interest.  (iv) Denomination.  (v) Form, either coupon or fully registered without coupons.  (vi) Registration, exchangeability and interchangeability privileges.  (vii) Medium of payment and place of payment.  (viii) Terms of redemption.  (ix) Priorities in the revenue or receipts of the authority.  (2) Bonds must be signed by or must bear the facsimile signature of such officers as the authority determines. Coupon bonds must have attached interest coupons bearing the facsimile signature of the treasurer of the authority as prescribed in the authorizing resolution. Bonds may be issued and delivered notwithstanding that one or more of the signing officers or the treasurer has ceased to be an officer when the bonds are actually delivered. Bonds must be authenticated by an authenticating agent, a fiscal agent or a trustee, if required by the authorizing resolution.  (3) Bonds may be sold at public or private sale for a price determined by the authority. Bonds may be sold at private sale only if:  (i) the authority makes a written public explanation of the circumstances and justification for the private sale; and  (ii) the board approves the private sale by a vote of eight members of the board.  (4) Pending the preparation of definitive bonds, interim receipts may be issued to the purchaser and may contain terms and conditions as the authority determines.  (b) Negotiability.--Bonds shall have all the qualities of negotiable instruments under 13 Pa.C.S. Div. 3 (relating to negotiable instruments).  (c) Use of net proceeds.--The net proceeds of the issue of bonds or notes may be used to pay the costs of a project or to reimburse any costs initially paid by any State public body, the city, other political subdivision, agency, organization or person.  (d) Refunding authorized.--  (1) Subject to the provisions of the outstanding bonds, notes or other obligations issued under the former provisions of the act of June 27, 1986 (P.L.267, No.70), known as the Pennsylvania Convention Center Authority Act, formerly codified at 53 Pa.C.S. Ch. 59 (relating to Pennsylvania Convention Center Authority), and if not otherwise inconsistent, subject to the provisions of this chapter, the authority shall have the right and power to refund any outstanding debt, in whole or in part, at any time and shall have the right and power to refund any outstanding notes with bonds or bonds with notes.  (2) As used in this subsection, the term "refund" shall mean the issuance and sale of obligations the proceeds of which are used or are to be used for the payment or redemption of outstanding obligations upon or prior to maturity.
64 PA Cons Stat § 6010 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 64 - PUBLIC AUTHORITIES AND QUASI-PUBLIC CORPORATIONS|Chapter 60 - Pennsylvania Convention Center Authority|Section 6010 - Remedies of obligee of authority

§ 6010. Remedies of obligee of authority. An obligee of the authority has the right, in addition to all other rights which may be conferred on the obligee, subject only to any contractual restrictions binding upon the obligee, to:  (1) By mandamus, suit, action or proceeding at law or in equity, compel the authority and the members, officers, agents or employees thereof to perform each and every term, provision and covenant contained in any bond or contract of the authority with or for the benefit of the obligee and to require the carrying out of any or all covenants and agreements of the authority and the fulfillment of all duties imposed upon the authority by this chapter or under the former provisions of the act of June 27, 1986 (P.L.267, No.70), known as the Pennsylvania Convention Center Authority Act, formerly codified in 53 Pa.C.S. Ch. 59 (relating to Pennsylvania Convention Center Authority).  (2) By proceeding in equity, obtain an injunction against any acts or things which may be unlawful or the violation of any of the rights of the obligee of the authority.
64 PA Cons Stat § 6011 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 64 - PUBLIC AUTHORITIES AND QUASI-PUBLIC CORPORATIONS|Chapter 60 - Pennsylvania Convention Center Authority|Section 6011 - Additional remedies conferrable by authority

§ 6011. Additional remedies conferrable by authority.  (a) Additional remedies.--The authority has the power, by its resolution, trust, indenture or mortgage, to confer upon any obligees holding or representing a specified percentage of bonds the right, in addition to all rights that may otherwise be conferred, upon the happening of an event of default as defined in the resolution or instrument, by suit, action or proceeding in any court of competent jurisdiction, to:  (1) obtain the appointment of a receiver of real property or a leasehold interest of the authority and of the rents and profits from the property or interest and, if a receiver is appointed, to authorize the receiver to enter and take possession of the real property or leasehold interest, operate it, collect and receive all revenue or other income arising from it, keep the money in a separate account and apply it in accordance with the obligations of the authority as the court directs; or  (2) require the authority and its board members to account as if it and they were the trustees of an express trust.  (b) Authority of receiver.--Nothing in this section or any other section of this chapter shall authorize any receiver appointed pursuant to this chapter for the purpose of operating and maintaining any facilities of the authority to sell, assign, mortgage or otherwise dispose of any of the assets, of whatever kind or character, belonging to the authority. It is the intention of this chapter to limit the powers of the receiver to the operation and maintenance of the facilities of the authority as the court shall direct, and no holder or holders of bonds of the authority nor any trustee or other obligee shall ever have the right in any suit, action or proceeding, at law or in equity, to compel a receiver, nor shall any receiver ever be authorized or any court be empowered to direct the receiver, to sell, assign, mortgage or otherwise dispose of any assets, of whatever kind or character, belonging to the authority.