Public Law 119-88 (05/04/2026)

48 U.S.C. § 915

Bonds as public debt

Such bonds shall not be a debt of Puerto Rico or any municipality, and shall not constitute a public indebtedness within the meaning of section 3 of the Act of Congress approved , entitled “An Act to provide a civil government for Porto Rico, and for other purposes”, as amended.

June 25, 1938, ch. 703, § 5 52 Stat. 1203 (, .)

Editorial Notes

References in Text

act Mar. 2, 1917, ch. 145 39 Stat. 953 section 745 of this titlePub. L. 87–121, § 175 Stat. 245 section 745 of this titleSection 3 of the Act of Congress approved , referred to in text, is section 3 of , . The provisions of section 3 of the Act limiting the public indebtedness of Puerto Rico and of certain municipalities thereof were contained in , prior to the amendment made to that section by , , , which struck out those provisions. See 1961 Amendment note under .

Codification

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