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48 U.S.C. · Territories and Insular Possessions
48 U.S.C. § 2149

Termination of Oversight Board

Ch. 20 — PUERTO RICO OVERSIGHT, MANAGEMENT, AND ECONOMIC STABILITY
Title 48 U.S.C. ● ACTIVE Primary Source Ch. 20
Statutory Text

48 U.S.C. § 2149 — Termination of Oversight Board

U.S.C. Title 48 - TERRITORIES AND INSULAR POSSESSIONS 48 U.S.C. United States Code, 2023 Edition Title 48 - TERRITORIES AND INSULAR POSSESSIONS CHAPTER 20 - PUERTO RICO OVERSIGHT, MANAGEMENT, AND ECONOMIC STABILITY SUBCHAPTER II - RESPONSIBILITIES OF OVERSIGHT BOARD Sec. 2149 - Termination of Oversight Board From the U.S. Government Publishing Office, www.gpo.gov

§2149. Termination of Oversight Board

An Oversight Board shall terminate upon certification by the Oversight Board that— (1) the applicable territorial government has adequate access to short-term and long-term credit markets at reasonable interest rates to meet the borrowing needs of the territorial government; and (2) for at least 4 consecutive fiscal years— (A) the territorial government has developed its Budgets in accordance with modified accrual accounting standards; and (B) the expenditures made by the territorial government during each fiscal year did not exceed the revenues of the territorial government during that year, as determined in accordance with modified accrual accounting standards.

(Pub. L. 114–187, title II, §209, June 30, 2016, 130 Stat. 576.)

Source: uscode.house.gov — public domain Official Source ↗
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BS-USC48-SEC-7E8CA7
Entity Class
STATUTE / FEDERAL-CODE-SECTION
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boisestandard.org
Citation
48 U.S.C. § 2149
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Federal — United States
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PRIMARY-SOURCE
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fb915fdb9f9690eb...
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The statutory text of 48 U.S.C. § 2149 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 48 U.S.C. § 2148 48 U.S.C. § 2150 →
Ch. 20 — PUERTO RICO OVERSIGHT, MANAGEMENT, AND ECONOMIC STABILITY
48 U.S.C. § 210148 U.S.C. § 210248 U.S.C. § 210348 U.S.C. § 210448 U.S.C. § 210548 U.S.C. § 210648 U.S.C. § 212148 U.S.C. § 212248 U.S.C. § 212348 U.S.C. § 212448 U.S.C. § 212548 U.S.C. § 212648 U.S.C. § 212748 U.S.C. § 212848 U.S.C. § 212948 U.S.C. § 214148 U.S.C. § 214248 U.S.C. § 214348 U.S.C. § 214448 U.S.C. § 214548 U.S.C. § 214648 U.S.C. § 214748 U.S.C. § 214848 U.S.C. § 214948 U.S.C. § 215048 U.S.C. § 215148 U.S.C. § 215248 U.S.C. § 216148 U.S.C. § 216248 U.S.C. § 2163
48 U.S.C. — public domain ← All Legislation
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boisestandard.org → United States → Law → U.S. Code → Title 48 → 48 U.S.C. § 2149