Statute · United States Code

48 U.S.C. § 745b — Refunding bonds excluded temporarily in computing indebtedness

48 U.S.C. § 745b

Type: Statute
Source: United States Code
Jurisdiction: Federal
Date: 2025-01-06
Topic: finance

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.

Citator

48 U.S.C. § 745b — Refunding bonds excluded temporarily in computing indebtedness is in force in the current edition of the Code, and nothing recorded condemns it.

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.