Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
5005 — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Twenty-one - Municipalities (§§ 1-4 — 6756)/
  5. Subtitle 7 - Municipal Property Tax/
  6. Part I - /
  7. Chapter 241/
  8. 5005
Puerto Rico Legal Code

5005

Ask AI about this
The provisions of §§ 5002–5008 of this title regarding the payment of principal and interest on general obligations of the Government of Commonwealth of Puerto Rico and of the municipalities, evinced by bonds or notes, will be considered to be a prior lien bond and the same will constitute sufficient authorization for the Government Development Bank for Puerto Rico to carry out the corresponding [distributions] pursuant to this part.\nHistory —Aug. 30, 1991, No. 83, § 2.05.