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2020 US Code
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
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| 48 U.S.C. § 745a (2020) |
| ยง745a. Public improvement bonds sold to United States or agency thereof excluded from public indebtedness |
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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. |
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(Aug. 13, 1935, ch. 516, 49 Stat. 611.) |
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CODIFICATION
Section was not enacted as part of the Puerto Rican Federal Relations Act which comprises this chapter. |
| United States Code, 2018 Edition, Supplement 2, Title 48 - TERRITORIES AND INSULAR POSSESSIONS |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| 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 |
| section 745a |
| 2020 |
| January 13, 2021 |
| No |
| standard |
| 49 Stat. 611 |
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