Pennsylvania Consolidated & Unconsolidated Statutes
Chapter 82 - Miscellaneous Provisions
Section 8265 - Costs of suits or proceedings

In any suit, action or proceeding by or on behalf of the holders of defaulted bonds or notes of a local government unit brought under this subpart, the fees and expenses of a trustee or receiver, including operating costs of a project and reasonable counsel fees, shall constitute taxable costs, and all costs and disbursements allowed by the court shall be deemed additional principal due on the bonds or notes and shall be paid in full from any recovery prior to any distribution to the holders of the bonds or notes.

Cross References. Section 8265 is referred to in section 8266 of this title.

Structure Pennsylvania Consolidated & Unconsolidated Statutes