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370 — 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. 370
Puerto Rico Legal Code

370

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The bonds to which this subchapter refers shall not constitute an indebtedness of the Commonwealth of Puerto Rico, or of any of its municipalities or other political subdivisions, and neither the Commonwealth of Puerto Rico nor any of said municipalities or other political subdivisions shall be liable thereon, nor shall the bonds and other obligations be payable out of any funds other than those of the Authority or those indicated herein. History —Apr. 12, 1941, No. 26, p. 388, § 53, eff. 90 days after Apr. 12, 1941.