48 U.S.C. · Territories and Insular Possessions
48 U.S.C. § 745a

Public improvement bonds sold to United States or agency thereof excluded from public indebtedness

Ch. 4 — PUERTO RICO
Title 48 U.S.C. ● ACTIVE Primary Source Ch. 4
Statutory Text

48 U.S.C. § 745a — Public improvement bonds sold to United States or agency thereof excluded from public indebtedness

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 4 - PUERTO RICO SUBCHAPTER I - GENERAL PROVISIONS Sec. 745a - Public improvement bonds sold to United States or agency thereof excluded from public indebtedness From the U.S. Government Publishing Office, www.gpo.gov

§745a. Public improvement bonds sold to United States or agency thereof excluded from public indebtedness

Bonds or other obligations of Puerto Rico or any municipal government therein, payable solely from revenues derived from any public improvement or undertaking (which revenues may include transfers by agreement or otherwise from the regular funds of the issuer in respect of the use by it of the facilities afforded by such improvement or undertaking), and issued and sold to the United States of America or any agency or instrumentality thereof, shall not be considered public indebtedness of the issuer within the meaning of section 745 of this title.

(Aug. 13, 1935, ch. 516, 49 Stat. 611.)

Editorial Notes

Codification Section was not enacted as part of the Puerto Rican Federal Relations Act which comprises this chapter.

Source: uscode.house.gov — public domain Official Source ↗
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Federation ID
BS-USC48-SEC-12B7D0
Entity Class
STATUTE / FEDERAL-CODE-SECTION
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boisestandard.org
Citation
48 U.S.C. § 745a
Jurisdiction
Federal — United States
Status
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Source
PRIMARY-SOURCE
Source Verified
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Content Hash
69af6405edce3ea6...
Semantic Edges
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The statutory text of 48 U.S.C. § 745a 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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