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48 U.S.C. § 2147Oversight Board authority related to debt issuance

submitted 10 years ago by Pub. L. 114-187 to r/title-48-TERRITORIES-AND-INSULAR-POSSESSIONS · 40 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain

For so long as the Oversight Board remains in operation, no territorial government may, without the prior approval of the Oversight Board, issue debt or guarantee, exchange, modify, repurchase, redeem, or enter into similar transactions with respect to its debt.

Source credit: (Pub. L. 114–187, title II, § 207, June 30, 2016, 130 Stat. 575.)

history & why it existsrecord from the source credit
  • 2016Enacted · Pub. L. 114-187 · 130 Stat. 575

A history note hasn’t been published yet. The record shows enactment by Pub. L. 114-187 on 2016-06-30.

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