The Secretary of the Treasury is hereby authorized, with the approval of the Governor, to negotiate with and grant to any bank, investment entity or any other financial institution, those loan contracts, purchase agreements or any other financing agreement needed to transact the sale of the bonds or of the notes in advance of bonds authorized to be issued in § 111g of this title, under those terms and conditions deemed by the Secretary of the Treasury to be the most convenient in the best interests of the Commonwealth of Puerto Rico. History —Dec. 29, 1995, No. 259, § 6.
Puerto Rico Legal Code