67 Pa. Code § 473.14 - Liability; forfeiture of funds; repayment

(a) If a sponsor fails to comply with an offer or aviation development grant agreement, the sponsor shall immediately reimburse the Department the amount for which a demand is made by the Department.

(b) The claim shall be a first lien on the airport property to the extent of the unpaid balance. The Department may seek judgements to seize, attach or place liens on the assets or accounts of a sponsor declared in default.

Notes

67 Pa. Code § 473.14

The provisions of this § 473.14 adopted October 3, 1986, effective 10/4/1986, 16 Pa.B. 3693; readopted July 20, 1990, effective 7/21/1990, 20 Pa.B. 3982.

This section cited in 67 Pa. Code § 473.16 (relating to appeal).