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594 — Puerto Rico Law | CourtGPT
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  4. Title Seven - Banking (§§ 1 — 3116)/
  5. Part III - Other Financial Institutions/
  6. Chapter 61 - Government Development Bank for Puerto Rico Sub/
  7. Subchapter II - Development Bank As Agent for the Government § 581 - Fiscal Agent to the Government, Its Agencies and Municipalities/
  8. 594
Puerto Rico Legal Code

594

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The Bank may in good faith, buy, sell, own, hold and deal in any of the bonds, notes, evidences of indebtedness and/or interest coupons or evidences of interest appurtenant thereto, of the Commonwealth Government, its agencies and municipalities, and of the Secretary of the Treasury of Puerto Rico, and of any units, as described in § 587 of this title, and may join in any action which any bondholder, noteholder or holder of evidence of indebtedness, may be entitled to take with like effect, as if the Bank were not acting singly or severally under any section or §§ 581—595 of this title. History —May 15, 1945, No. 272, p. 952, §§ 14, 15.