(a) Regulations.--Subject to subsection (b), the use of the facilities of the authority and the operation of its business shall be subject to the regulations adopted by the authority.
(b) Limitation.--The authority is not authorized to do anything which will impair the security of the holders of the obligations of the authority or violate agreements with them or for their benefit.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 53 - MUNICIPALITIES GENERALLY
Chapter 55 - Parking Authorities
Section 5501 - Scope of chapter
Section 5502 - Declaration of policy
Section 5504 - Method of incorporation
Section 5505 - Purposes and powers
Section 5508.1 - Special provisions for authorities in cities of the first class
Section 5508.3 - Restrictions on authorities in cities of the first class
Section 5509 - Acquisition of lands
Section 5510 - Money of authority
Section 5510.1 - Management of authority funds in cities of the first class
Section 5510.2 - Special funds in cities of the first class
Section 5510.3 - Bonds in cities of the first class
Section 5510.4 - Contracts with obligees of an authority in cities of the first class
Section 5510.5 - Commonwealth pledges in cities of the first class
Section 5510.6 - Provisions of bonds and trust indentures in cities of the first class
Section 5510.7 - Funds collected on behalf of a municipality (Deleted by amendment)
Section 5510.8 - Bonds to be legal investments
Section 5510.9 - Validity of pledge
Section 5510.10 - Security interest in funds and accounts
Section 5510.11 - Limitation on authority under Federal bankruptcy code
Section 5511 - Competition in award of contracts
Section 5512 - Use of projects
Section 5513 - Pledge by Commonwealth
Section 5514 - Termination of authority
Section 5515 - Exemption from taxation; payments in lieu of taxes