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3075 — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  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. 3075
Puerto Rico Legal Code

3075

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The Commonwealth of Puerto Rico shall honor the payment of principal and interest of the obligations to be restructured and/or refinanced. To such effects, the Director of the Office of the Management and Budget shall include the amounts needed to meet the payment of principal and interest of the debt restructuring plan of the Maritime Shipping Authority, in the operating budgets of the Commonwealth of Puerto Rico Government to be submitted annually by the Governor of Puerto Rico to the Legislature, starting in fiscal year 1995—96, pursuant to § 3074 of this title.\nHistory —Sept. 27, 1994, No. 113, § 2.