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251c — Puerto Rico Law | CourtGPT
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  2. Laws/
  3. Puerto Rico/
  4. Title Seven - Banking (§§ 1 — 3116)/
  5. Part I - Banks/
  6. Chapter 17a - Regulation of Deposits of Public Funds Sub/
  7. Subchapter I - General Provisions § 251 - General Definitions/
  8. 251c
Puerto Rico Legal Code

251c

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In the case of a contract to finance authorities where the creation of special trust funds is needed, the Secretary may exempt such contract from the rule for general collaterals and accept a different form of collateral, or not require any, when there are circumstances that so merit it. History —Aug. 14, 1991, No. 69, § 1.5.