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48 U.S.C. § 915 — Bonds as public debt
submitted 88 years ago by ch. 703 to r/title-48-TERRITORIES-AND-INSULAR-POSSESSIONS · 53 words · no verdicts yet
in plain englishAI-generated · not legal advice
This section concerns Bonds as public debt. It states the rules, requirements, limits, exceptions, and procedures contained in the section.
Such bonds must not be a debt of Puerto Rico or any municipality, and must not constitute a public indebtedness within the meaning of section 3 of the Act of Congress approved March 2, 1917 , entitled “An Act to provide a civil government for Porto Rico, and for other purposes”, as amended.
the actual law source: uscode.house.gov ↗public domain
Such bonds shall not be a debt of Puerto Rico or any municipality, and shall not constitute a public indebtedness within the meaning of section 3 of the Act of Congress approved March 2, 1917, entitled “An Act to provide a civil government for Porto Rico, and for other purposes”, as amended.
Source credit: (June 25, 1938, ch. 703, § 5, 52 Stat. 1203.)
history & why it existsrecord from the source credit
- 1938Enacted · Act of June 25, 1938, ch. 703 · 52 Stat. 1203
A history note hasn’t been published yet. The record shows enactment by ch. 703 on 1938-06-25.
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