Public Finance Management Act

177. Borrowing by urban areas or cities

Edition: 2026-09-25 · In force

177. Borrowing by urban areas or cities

(1)An urban area or city may borrow only—

(a)from the county government;

(b)through its county government; or

(c)by way of a bank overdraft.

(2)Any borrowing by an urban area or city shall be subject to such terms and conditions as the county assembly may impose, and in the case of paragraph (b), in accordance with the provisions of section 140 of this Act.

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Source: Kenya Law