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512 — Puerto Rico Law | CourtGPT
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  2. Laws/
  3. Puerto Rico/
  4. Title Fifteen - Sports and Parks (§§ 1 — 2020)/
  5. Subtitle 1 - Generally/
  6. Chapter 25 - Puerto Rico National Parks Recreational Development Company § 501 - Short Title/
  7. 512
Puerto Rico Legal Code

512

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The bonds and other obligations issued by the Company shall not be a debt of the Commonwealth of Puerto Rico or any of its municipalities or other political subdivisions, and neither the Commonwealth of Puerto Rico nor any such municipalities or other political subdivisions shall be liable thereon, nor shall such bonds or other obligations be payable out of any funds other than those of the Company. History —June 23, 1961, No. 114, p. 234, § 12, eff. July 1, 1961.