Oversight Board authority related to debt issuance

  1. Law
  2. USC 48
  3. Territories And Insular Possessions
  4. PUERTO RICO OVERSIGHT, MANAGEMENT, AND ECONOMIC STABILITY
  5. RESPONSIBILITIES OF OVERSIGHT BOARD
  6. Oversight Board authority related to debt issuance

Checkout our iOS App for a better way to browser and research.

§2147. Oversight Board authority related to debt issuance

For so long as the Oversight Board remains in operation, no territorial government may, without the prior approval of the Oversight Board, issue debt or guarantee, exchange, modify, repurchase, redeem, or enter into similar transactions with respect to its debt.

( Pub. L. 114–187, title II, §207, June 30, 2016, 130 Stat. 575 .)


Download our app to see the most-to-date content.