A township may incur indebtedness and may issue general obligation bonds for the purpose of acquiring land, buildings and equipment for parks and recreation areas under 53 Pa.C.S. Pt. VII Subpt. B (relating to indebtedness and borrowing).
73 Pa.C.S. § 7307
Issue of bonds
Official source: Pennsylvania General Assembly. Reproduced from public-domain Pennsylvania statutes; confirm against the official source for the current text. Not legal advice.