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1227k — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Seven - Banking (§§ 1 — 3116)/
  5. Part III - Other Financial Institutions/
  6. Chapter 80a - Trade and Export Company § 1227a - Creation/
  7. 1227k
Puerto Rico Legal Code

1227k

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The Commonwealth Government binds itself by this chapter and agrees with any legal person who subscribes or acquires bonds or other obligations of the Company, not to burden, limit nor restrict the assets, income, revenues, rights or powers that are hereby conferred to the Company, until said bonds or other obligations, regardless of their date, together with the interest on same, are completely paid up and withdrawn. History —Dec. 28, 2003, No. 323, § 14, eff. 90 days after Dec. 28, 2003.