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5827 — 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 II - /
  7. Chapter 253 - Municipal Revenues Collection Center § 5815a - Funds—municipal Public Works/
  8. 5827
Puerto Rico Legal Code

5827

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The Executive Director of the Center is hereby empowered to deduct from the monthly remittances an amount to the corresponding municipalities, equal to the payment of principal and interest of the debt authorized by §§ 5821–5831 of this title and remit it to the Government Development Bank or the financial institution chosen by the Center.\nHistory —Jan. 26, 2000, No. 42, § 7.