Section 85.80. Authority for municipality or emergency financial control board to file petition under federal statute

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A  municipality  or  its  emergency  financial control board in addition to, or in lieu of, filing
  a petition under this title, or the city of New York  or  the  New  York
  state  financial  control  board,  may file any petition with any United
  States district court or court of bankruptcy under any provision of  the
  laws  of  the  United  States,  now  or  hereafter  in  effect,  for the
  composition or adjustment of municipal indebtedness.  Nothing  contained
  in  this  title shall be construed to limit the authorization granted by
  this section.

                    
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