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141c — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Thirteen - Taxation and Finance (§§ 1 — 33423)/
  5. Subtitle 1 - Governmental Finances/
  6. Chapter 11 - Refinancing Bonds § 141 - Authorization/
  7. 141c
Puerto Rico Legal Code

141c

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The Secretary of the Treasury is hereby authorized to negotiate and execute with any bank, investment banking firm or other financial institution, with the approval of the Governor, such loan agreements, purchase agreements or other financing agreements as may be required for the sale of refinancing bonds, under such terms and conditions as the Secretary of the Treasury may determine to be in the best interests of the Commonwealth of Puerto Rico. History —Oct. 10, 1985, No. 2, p. 848, § 4.