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369 — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Twenty-eight - Public Lands/
  5. Part II - Land Authority/
  6. Chapter 33 - Finances Sub/
  7. Subchapter III - Bonds of the Land Authority § 361 - Power of Land Authority to Issue Bonds/
  8. 369
Puerto Rico Legal Code

369

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The Authority is hereby empowered to purchase, with any funds available for the purpose, any of its outstanding bonds at a price not to exceed the amount of the principal thereof, or the regular redemption price thereof, plus accrued interest. All bonds so purchased shall be cancelled. History —Apr. 12, 1941, No. 26, p. 388, § 52, eff. 90 days after Apr. 12, 1941.