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614 — Puerto Rico Law | CourtGPT
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  7. 614
Puerto Rico Legal Code

614

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The Government of the Commonwealth of Puerto Rico does pledge to, and agree with, any person, firm or corporation, or any federal or state agency, or any agency of the Commonwealth, subscribing to or acquiring bonds or other securities of the Authority, that it will not pignorate, limit or restrict the bonds, revenues, rentals, rights or powers hereby vested in the Authority until all such bonds, at any time issued, together with the interest thereon, are fully met and discharged. History —May 11, 1959, No. 5, p. 17, § 14.