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1227l — Puerto Rico Law | CourtGPT
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  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. 1227l
Puerto Rico Legal Code

1227l

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The bonds and other obligations issued by the Company shall not constitute a debt of the Commonwealth of Puerto Rico, nor of any of its municipalities or other political subdivisions. Neither the Commonwealth of Puerto Rico, nor any of its municipalities or other political subdivisions are liable with regard thereto, nor shall the bonds or other obligations be payable from funds other than those of the Company. History —Dec. 28, 2003, No. 323, § 15, eff. 90 days after Dec. 28, 2003.