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607b 2 — Puerto Rico Law | CourtGPT
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  4. Title Seven - Banking (§§ 1 — 3116)/
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  6. Chapter 61 - Government Development Bank for Puerto Rico Sub/
  7. Subchapter IV - Debt Refinancing for Governmental Entities § 607 - Negotiation and Execution of Instruments/
  8. 607b 2
Puerto Rico Legal Code

607b 2

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Advances, agreements, obligations, and/or loans that may be entered into or executed, restructured, and/or refinanced under the provisions of § 607b-1 of this title, and the estimated amounts thereof as of December 31st, 2013, including interest accrued pending payment as of said date, shall be those advances, agreements, obligations, and/or loans agreed by the Government Development Bank for Puerto Rico and the Office of Management and Budget up to an aggregate limit of five hundred million dollars ($500,000,000) of the principal, interest, and any other payment allowed under § 607b-1 of this title. History —Dec. 17, 2001, No. 164, added as § 5 on Feb. 13, 2014, No. 24, § 2.