1. LawStack
  2. Title 48 - TERRITORIES AND INSULAR POSSESSIONS
  3. Chapter 4 - PUERTO RICO
  4. Subchapter I - GENERAL PROVISIONS
  5. 48 USC § 745b
48 USC § 745b
Refunding bonds excluded temporarily in computing indebtedness
Pub. L. 116-282 (12/31/2020), except Pub. L. 116-260
USC

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.

Codification

Section was not enacted as part of the Puerto Rican Federal Relations Act which comprises this chapter.
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§ 745a Public improvement bonds sold to United States or agency thereof excluded from public indebtedness
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§ 746 Public lands and buildings; reservations; rights prior to July 1, 1902

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