Pennsylvania Consolidated Statutes · § 8265 — Costs of suits or proceedings
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.
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History and annotations
Source captured 2026-09-26. Open the official source.