2011 US Code
Title 48 - Territories and Insular Possessions
Chapter 4 - PUERTO RICO (§§ 731 - 916)
Subchapter I - GENERAL PROVISIONS (§§ 731 - 755)
Section 745a - Public improvement bonds sold to United States or agency thereof excluded from public indebtedness

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Metadata
Publication TitleUnited States Code, 2006 Edition, Supplement 5, Title 48 - TERRITORIES AND INSULAR POSSESSIONS
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 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
Containssection 745a
Date2011
Laws in Effect as of DateJanuary 3, 2012
Positive LawNo
Dispositionstandard
Source CreditAug. 13, 1935, ch. 516, 49 Stat. 611.
Statutes at Large Reference49 Stat. 611

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48 USC § 745a (2011)
§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.)

Codification

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

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