48 USC 2147: Oversight Board authority related to debt issuance
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48 USC 2147: Oversight Board authority related to debt issuance Text contains those laws in effect on November 16, 2024
From Title 48-TERRITORIES AND INSULAR POSSESSIONSCHAPTER 20-PUERTO RICO OVERSIGHT, MANAGEMENT, AND ECONOMIC STABILITYSUBCHAPTER II-RESPONSIBILITIES OF OVERSIGHT BOARD
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§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 .)