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3071 — Puerto Rico Law | CourtGPT
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  4. Title Twenty-three - Public Planning and Development (§§ 1 — 11273)/
  5. Part IV - Navigation and Marine Trade/
  6. Chapter 105 - Maritime Shipping Authority § 3054a - Compensation in Causes of Action Against Individual Members/
  7. 3071
Puerto Rico Legal Code

3071

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The Commonwealth does hereby pledge to and agree with the holders of any bonds issued under this chapter, and with those parties who may enter into contracts with the Authority pursuant to the provisions thereof, that the Commonwealth will not limit or alter the rights hereby vested in the Authority until such bonds, together with the interest thereon, are fully met and discharged, and such contracts are fully performed on the part of the Authority.\nHistory —June 10, 1974, No. 62, Part 1, p. 239, § 21, renumbered as § 14 on Sept. 27, 1994, No. 112, § 11.