Refunding bonds excluded temporarily in computing indebtedness
About This Law
/us/usc/t48/s745b
Title
48 — Territories and Insular Possessions
Chapter
CH4
Release
119-84
Release Date
2026-04-17
Section Text
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Any bonds or other obligations of Puerto Rico issued after August 3, 1935, for the purpose of retiring previously outstanding bonds or obligations shall not be included in computing the public indebtedness of Puerto Rico under section 745 of this title, until six months after their issue.
(Aug. 3, 1935, ch. 435, 49 Stat. 516.)
Editorial Notes
Codification
Section was not enacted as part of the Puerto Rican Federal Relations Act which comprises this chapter.
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