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https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-1/12/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 1 - Treasury Funds and Accounts (§§ 1 — 17)›§ 12 - Dedicated Sales Tax Fund—Creation of the Special Fund | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 1 - Treasury Funds and Accounts (§§ 1 — 17) › § 12 - Dedicated Sales Tax Fund—Creation of the Special Fund | A special fund is hereby created, to be known as the Fondo de Interés Apremiante (hereinafter, “FIA”), whose name in English shall be “Dedicated Sales Tax Fund”, to be administered by the GDB. FIA and all the funds deposited therein on the effective date of this act and all the future funds that must be deposited in FI... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-1/13/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 1 - Treasury Funds and Accounts (§§ 1 — 17)›§ 13 - Dedicated Sales Tax Fund—Use | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 1 - Treasury Funds and Accounts (§§ 1 — 17) › § 13 - Dedicated Sales Tax Fund—Use | (a) The moneys originating from the revenues indicated in § 12(a) of this title shall be deposited directly in the FIA and shall be used exclusively for any of the following purposes:
(1) To pay the advances to be made by GDB pursuant to the Act to Impose the Supertax of 2006.
(2) To directly or indirectly pay or refin... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-1/14/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 1 - Treasury Funds and Accounts (§§ 1 — 17)›§ 14 - Dedicated Sales Tax Fund—Deposits and disbursements | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 1 - Treasury Funds and Accounts (§§ 1 — 17) › § 14 - Dedicated Sales Tax Fund—Deposits and disbursements | (a) During Fiscal Year 2006—2007, the amount established in § 12(a)(1) of this title shall be deposited biweekly (2 weeks) in the FIA as the same is received from the revenues from the tax. During each subsequent fiscal year, the first revenues from the tax, up to the amount of the fixed income, shall be deposited the ... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-1/14a/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 1 - Treasury Funds and Accounts (§§ 1 — 17)›§ 14a - Dedicated Sales Tax Fund—Puerto Rico Economic Stimulus Fund | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 1 - Treasury Funds and Accounts (§§ 1 — 17) › § 14a - Dedicated Sales Tax Fund—Puerto Rico Economic Stimulus Fund | The Government Development Bank for Puerto Rico is hereby authorized to establish a fund under its control and custody, to be called the “Puerto Rico Economic Stimulus Fund”, and be funded with the proceeds of the bond issues or other financing mechanisms employed and assigned by COFINA. The funds deposited into the Pu... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-1/15/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 1 - Treasury Funds and Accounts (§§ 1 — 17)›§ 15 - Dedicated Sales Tax Fund—Additional provisions | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 1 - Treasury Funds and Accounts (§§ 1 — 17) › § 15 - Dedicated Sales Tax Fund—Additional provisions | The Legislature hereby commits to approving an expenses budget for Fiscal Year 2006—2007 that will allow the Government to keep public servants in regular employment at their jobs and that will ensure the nonimpairment of the continuity in the direct services provided to citizens. This shall include the approval of leg... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-1/16/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 1 - Treasury Funds and Accounts (§§ 1 — 17)›§ 16 - Dedicated Sales Tax Fund—Scope | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 1 - Treasury Funds and Accounts (§§ 1 — 17) › § 16 - Dedicated Sales Tax Fund—Scope | (a) None of the provisions of §§ 11a—16 of this title shall be interpreted or applied in such a manner as to undermine the power of the Legislature to impose and collect taxes as provided in Section 2 of Article VI of the Constitution of the Commonwealth of Puerto Rico.
(b) None of the provisions of §§ 11a—16 of this t... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-1/17/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 1 - Treasury Funds and Accounts (§§ 1 — 17)›§ 17 - Puerto Rico Economic and Social Support Fund | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 1 - Treasury Funds and Accounts (§§ 1 — 17) › § 17 - Puerto Rico Economic and Social Support Fund | (a) The Puerto Rico Economic and Social Support Fund is hereby created under the custody of the Office of Management and Budget.
(b) This Fund may receive legislative, municipal, federal and private donations and the matching or combination of said funds shall be allowed.
(c) To begin its operations, the fund shall rec... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/35/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 35 - Redemption or purchase of government bonds from available surpluses | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 35 - Redemption or purchase of government bonds from available surpluses | The Treasurer of Puerto Rico is hereby authorized and directed to redeem or to purchase on the open market or wherever they may be offered for sale, bonds or other certificates of indebtedness of The People of Puerto Rico in the most advantageous form possible, and he may, if necessary for the redemption, pay additiona... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/36/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 36 - Redemption or purchase of government bonds from available surpluses—Investment of bala... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 36 - Redemption or purchase of government bonds from available surpluses—Investment of balances belonging to various funds in Commonwealth,... | The Secretary of the Treasury of Puerto Rico is hereby likewise authorized to use, with the approval of the Governor of Puerto Rico, up to seventy percent (70%) of the balance on hand belonging to special funds and to trust funds, any part of the Commonwealth Emergency Fund that he may consider reasonable, and a sum no... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/37/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 37 - Redemption or purchase of government bonds from available surpluses—Consolidation, con... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 37 - Redemption or purchase of government bonds from available surpluses—Consolidation, conversion, or refinancing of bond issues; reductio... | The Secretary of the Treasury of Puerto Rico is hereby directed, empowered, and authorized to consolidate, convert, or refinance, with the approval of the Governor of Puerto Rico, any or all bond issues or certificates of indebtedness of the Commonwealth of Puerto Rico or of the municipalities of Puerto Rico, even in t... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/38/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 38 - Redemption or purchase of government bonds from available surpluses—Borrowing as advan... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 38 - Redemption or purchase of government bonds from available surpluses—Borrowing as advance of taxes for payment of principal and interes... | The Secretary of the Treasury of Puerto Rico is hereby empowered and authorized to borrow, with the approval of the Governor of Puerto Rico, as an advance of taxes, such amounts as in his judgment may be necessary for the payment of the principal of and the interest on the Commonwealth or municipal public debt under th... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/39/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 39 - Redemption or purchase of government bonds from available surpluses—Sale of, and borro... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 39 - Redemption or purchase of government bonds from available surpluses—Sale of, and borrowing of money on security of, investments | The Secretary of the Treasury of Puerto Rico is empowered and authorized to sell, with the approval of the Governor of Puerto Rico and when he believes it most advisable for the interests of the Commonwealth of Puerto Rico or necessary in order to obtain funds, any investment that he may have in his possession belongin... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/40/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 40 - Redemption or purchase of government bonds from available surpluses—Principal and inte... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 40 - Redemption or purchase of government bonds from available surpluses—Principal and interest, form and place of payment; tax exemption | Both the principal and the interest earned by the bonds or certificates of indebtedness issued by the Secretary of the Treasury of Puerto Rico in accordance with the provisions of §§ 35—43 of this title shall be paid in currency of the United States of America, at the place that the Secretary of the Treasury of Puerto ... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/41/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 41 - Redemption or purchase of government bonds from available surpluses—Resources for paym... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 41 - Redemption or purchase of government bonds from available surpluses—Resources for payment of bonds and certificates of indebtedness | The good faith of the Commonwealth of Puerto Rico is hereby irrevocably pledged for the payment of the principal of, and the interest on, the bonds or certificates of indebtedness of the Commonwealth Government which, in accordance with the provisions of §§ 35—43 of this title, the Secretary of the Treasury of Puerto R... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/42/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 42 - Redemption or purchase of government bonds from available surpluses—Rights and obligat... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 42 - Redemption or purchase of government bonds from available surpluses—Rights and obligations not impaired; sufficient funds required | Nothing contained in §§ 35—43 of this title shall be interpreted in the sense of impairing the rights, obligations, or other commitments contracted upon the creation individually of the Commonwealth Emergency Fund and special or trust funds, and the Secretary of the Treasury of Puerto Rico shall see that at all times t... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/43/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 43 - Redemption or purchase of government bonds from available surpluses—Presidential appro... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 43 - Redemption or purchase of government bonds from available surpluses—Presidential approval | If the presidential approval is necessary for the effectiveness or validity of any part or provision of §§ 35—43 of this title, the Secretary of the Treasury of Puerto Rico is empowered to request said approval of the President of the United States of America.
History —Dec. 7, 1942, No. 33, p. 174, § 9, eff. 90 days af... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/44/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 44 - Redemption or purchase of government bonds from available surpluses—Annual transfer fr... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 44 - Redemption or purchase of government bonds from available surpluses—Annual transfer from Interest on Investments Fund to general funds | It is hereby directed that ninety-five percent (95%) of the balance available as of June 30 of each fiscal year be transferred to the general funds of the Commonwealth Treasury, from the special fund known as “Interest on Investments”, created by §§ 35—43 of this title.
History —May 3, 1950, No. 168, p. 454, § 1. |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/45/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 45 - Validation of bonds and notes issued prior to April 25, 1949 | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 45 - Validation of bonds and notes issued prior to April 25, 1949 | All the bonds and promissory notes heretofore issued by The People of Puerto Rico and the municipalities thereof for any of the purposes for which bonds of The People of Puerto Rico and the municipalities thereof may be issued, including the refunding of outstanding bonds and promissory notes, and all the proceedings h... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/46/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 46 - Lost, destroyed, or defaced securities—Issuance of duplicate securities | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 46 - Lost, destroyed, or defaced securities—Issuance of duplicate securities | There is hereby authorized the issuance of duplicates of securities of the Commonwealth of Puerto Rico, of the municipalities of Puerto Rico, and of the dependencies, entities, public corporations, and political subdivisions of the Government of Puerto Rico, when the original securities have been lost, stolen, destroye... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/47/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 47 - Lost, destroyed, or defaced securities—Definitions | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 47 - Lost, destroyed, or defaced securities—Definitions | The term “security” as used in §§ 46—54 of this title shall mean any direct debenture of the Commonwealth of Puerto Rico, of the municipalities of Puerto Rico, or of the dependencies, entities, public corporations, and political subdivisions of the Government of Puerto Rico entailing payment to the holder thereof of pr... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/48/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 48 - Lost, destroyed, or defaced securities—Requirements for issuance of duplicate securiti... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 48 - Lost, destroyed, or defaced securities—Requirements for issuance of duplicate securities | Any person requesting issuance of a duplicate security shall fulfill the following requirements:
(a) The making of an affidavit before the Secretary of the Treasury or before the director, head or administrator of the corresponding dependency, entity, public corporation or political subdivision of the Government of Pue... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/49/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 49 - Lost, destroyed, or defaced securities—When giving of undertaking for issuance of dupl... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 49 - Lost, destroyed, or defaced securities—When giving of undertaking for issuance of duplicate security may be dispensed with | The giving of an undertaking may be dispensed with in the following cases:
(a) Where the loss, stealing, destroying, disfiguring, defacing or erasure in whole or in part has occurred while the security was under the custody or control of a natural or artificial person acting as a legitimate representative of the Common... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/50/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 50 - Lost, destroyed, or defaced securities—When duplicate securities shall not be issued | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 50 - Lost, destroyed, or defaced securities—When duplicate securities shall not be issued | No duplicates of securities lost, stolen, destroyed, disfigured or erased in whole or in part shall be issued in the case of securities due or called in for redemption but still unpaid. In such case payment to the owner of the security may be authorized taking into consideration the principal and interest earned up to ... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/51/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 51 - Lost, destroyed, or defaced securities—Form of duplicate securities | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 51 - Lost, destroyed, or defaced securities—Form of duplicate securities | Duplicate securities shall be marked as such, and the text, serial number, date of maturity and interest rate drawn by each shall be identical with those of the original security. These duplicates shall be signed by the competent officials in office on the date the duplicates are issued.
History —May 22, 1956, No. 20, ... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/52/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 52 - Lost, destroyed, or defaced securities—Expenses incurred in issuance of duplicates | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 52 - Lost, destroyed, or defaced securities—Expenses incurred in issuance of duplicates | The expenses incurred in the reproduction and issuance of duplicate securities shall be paid by the person requesting same.
History —May 22, 1956, No. 20, p. 48, § 7. |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/53/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 53 - Lost, destroyed, or defaced securities—Processing applications for issuance of duplica... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 53 - Lost, destroyed, or defaced securities—Processing applications for issuance of duplicate securities | Applications for the issuance of duplicates of the securities to which §§ 46—54 of this title refer shall be submitted to and processed with the Secretary of the Treasury, or the director, head or administrator of the corresponding dependency, entity, public corporation or political subdivision of the Government of Pue... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/54/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 54 - Lost, destroyed, or defaced securities—Promulgation of rules and regulations | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 54 - Lost, destroyed, or defaced securities—Promulgation of rules and regulations | The Secretary of the Treasury shall promulgate the necessary rules and regulations for the execution of §§ 46—54 of this title. Said rules and regulations shall, upon promulgation, have the force of law.
History —May 22, 1956, No. 20, p. 48, § 9. |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/56/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 56 - Maximum interest and minimum price | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 56 - Maximum interest and minimum price | The bonds, notes and other obligations to be issued by the Commonwealth of Puerto Rico, the municipalities of Puerto Rico, the political subdivisions and instrumentalities of the Commonwealth of Puerto Rico may be issued at an effective interest rate which, when computed on an actuarial base, does not exceed twelve per... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/62/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 62 - Guaranty of payment of principal and interest | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 62 - Guaranty of payment of principal and interest | The Commonwealth of Puerto Rico hereby guarantees the payment of principal of and interest on notes, debentures, bonds, or other obligations for money taken on loan by the Government Development Bank for Puerto Rico and those of other government instrumentalities guaranteed by the Bank in a total amount not exceeding t... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/63/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 63 - Notes in advance of taxes and revenues—Authorized | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 63 - Notes in advance of taxes and revenues—Authorized | The Secretary of the Treasury is hereby empowered to issue notes in advance of taxes and revenues of the Commonwealth of Puerto Rico from time to time, including notes issued to renew other notes issued under the provisions of §§ 63—63h of this title, to pay the budgetary appropriations made for the current fiscal year... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/63a/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 63a - Notes in advance of taxes and revenues—Details | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 63a - Notes in advance of taxes and revenues—Details | (a) The notes to be issued from time to time under the provisions of §§ 63—63h of this title shall be authorized by a resolution or resolutions to be adopted by the Secretary of the Treasury and approved by the Governor. Said notes shall be designated “Notes in Advance of Taxes (and/or Revenues) of the Commonwealth of ... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/63b/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 63b - Note purchase and financing agreements | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 63b - Note purchase and financing agreements | The Secretary of the Treasury is hereby authorized to negotiate and execute with any bank, investment firm or other financial institution, pursuant to the resolution or resolutions adopted by the same Secretary and approved by the Governor, such contracts, purchase agreements or other financing agreements as may be req... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/63c/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 63c - Payment of tax and revenue anticipation notes | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 63c - Payment of tax and revenue anticipation notes | (a) The Secretary of the Treasury shall specify in the resolution authorizing the issue of the notes the specific taxes or revenues in anticipation of which the notes are issued. All taxes and revenues thus specified and received after the issue of the notes and before the close of the fiscal year in which the notes we... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/63d/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 63d - Notes in advance of taxes and revenues—Not subject to constitutional debt limit | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 63d - Notes in advance of taxes and revenues—Not subject to constitutional debt limit | The notes issued under the provisions of §§ 63—63h of this title shall not be considered direct obligations of the Commonwealth of Puerto Rico for the payment of which the good faith, credit and taxing power of the Commonwealth of Puerto Rico are committed for the purpose of determining the debt limit established in § ... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/63e/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 63e - Notes in advance of taxes and revenues—Use of proceeds | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 63e - Notes in advance of taxes and revenues—Use of proceeds | The proceeds of the sale of notes issued under the provisions of §§ 63—63h of this title (excluding accrued interest, but including any premium) shall be deposited in the General Fund and the proceeds of the sale of any renewal notes shall be used to pay the notes that are being renewed. An amount not to exceed two per... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/63f/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 63f - Notes in advance of taxes and revenues—Tax exemption | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 63f - Notes in advance of taxes and revenues—Tax exemption | All notes issued under the provisions of §§ 63—63h of this title, as well as the interest accrued on said notes, shall be exempted from the payment of any tax imposed by the Commonwealth of Puerto Rico and its municipalities.
History —June 26, 1987, No. 1, p. 591, § 7. |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/63g/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 63g - Notes in advance of taxes and revenues—Construction | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 63g - Notes in advance of taxes and revenues—Construction | Sections 63—63h of this title shall not be construed as repealing or amending any other former Act of the Legislature of Puerto Rico authorizing the issuing of notes of the Commonwealth of Puerto Rico. The authorization granted by §§ 63—63h of this title shall be in addition to and separate from any other authorization... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/63h/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 63h - Notes in advance of taxes and revenues—Reports | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 63h - Notes in advance of taxes and revenues—Reports | The Secretary of the Treasury shall submit to the Governor and the Legislature on or before the beginning of each Regular Session a detailed report of the amount and number of issues of notes, rates of interest and the maturity dates thereof, and the total of the principal of the outstanding notes, executed during the ... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-3/64/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 3 - Government Bonds (§§ 31-34 — 64)›§ 64 - Savings Notes in Economic Cooperation with Puerto Rico | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 3 - Government Bonds (§§ 31-34 — 64) › § 64 - Savings Notes in Economic Cooperation with Puerto Rico | (a) The Secretary of the Treasury is hereby authorized to issue and sell, all at once or from time to time, through resolution to such effect and with the approval of the Governor, savings notes in economic cooperation with Puerto Rico, for a total sum of twenty million dollars ($20,000,000).
(b) Form and date of payme... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-5/71/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 5 - Bonds as Legal Investments and Deposits (§§ 71 — 72)›§ 71 - Bonds of housing authorities as legal investments and guarantees | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 5 - Bonds as Legal Investments and Deposits (§§ 71 — 72) › § 71 - Bonds of housing authorities as legal investments and guarantees | (a) The Commonwealth of Puerto Rico and all public officials, municipal corporations, political subdivisions, and public entities; all banks, bankers, deposit banks, savings banks and institutions, investment companies, insurance companies and associations, and other persons engaged in the banking or insurance business... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-5/72/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 5 - Bonds as Legal Investments and Deposits (§§ 71 — 72)›§ 72 - Municipal and school bonds as deposits | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 5 - Bonds as Legal Investments and Deposits (§§ 71 — 72) › § 72 - Municipal and school bonds as deposits | Whenever by any law the Secretary of the Treasury of Puerto Rico, or any other officer, is authorized to accept bonds or other specified securities of Puerto Rico, as a deposit for any purpose, similar authority is hereby conferred upon said officer or officers to accept bonds of the municipal corporations and school b... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-6/81/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85)›§ 81 - Definitions | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85) › § 81 - Definitions | The following terms shall have the meaning expressed below and the words used in the singular shall include the plural and vice-versa:
(a) Independent financial advisor. — Means any person or entity experienced in financial matters and in the risks of the qualified interest rate exchange agreements, contracted by the S... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-6/82/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85)›§ 82 - Qualified agreements for the Commonwealth—Authorization | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85) › § 82 - Qualified agreements for the Commonwealth—Authorization | (a) The Secretary of the Treasury is hereby authorized to negotiate and execute with any bank, investment bank or securities issuing bank or other financial institution, provided they have (directly or through guarantees) a high credit classification (of not less than investment grade), one (1) or more qualified intere... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-6/82a/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85)›§ 82a - Qualified agreements for the Commonwealth—Duties; use of collateral | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85) › § 82a - Qualified agreements for the Commonwealth—Duties; use of collateral | The duty of the Commonwealth of making the required payments and complying with its obligations under a qualified interest rate exchange agreement constitutes a continuous contractual obligation of the Commonwealth collectable according to the laws of the Commonwealth applicable to compliance with the contractual oblig... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-6/82b/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85)›§ 82b - Qualified agreements for the Commonwealth—Treatment of obligations | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85) › § 82b - Qualified agreements for the Commonwealth—Treatment of obligations | The following provisions shall apply to the computation of the amount of the interest payable on any fiscal year on the direct obligations of the Commonwealth on account of the amounts borrowed directly by the Commonwealth and evidenced by bonds or notes for the payment of which the good faith, credit and the power to ... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-6/82c/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85)›§ 82c - Qualified agreements for the Commonwealth—Use of the fixed rate | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85) › § 82c - Qualified agreements for the Commonwealth—Use of the fixed rate | (a) In order to comply with the limitation of the interest rate established in § 56 of this title, the effective rate of interest corresponding to the obligations, or any portion thereof, of the Commonwealth, that provide for the payment of interest at a non-fixed rate for the term of said obligations or portions there... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-6/82d/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85)›§ 82d - Qualified agreements for the Commonwealth—Pledge of the good faith, cre... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85) › § 82d - Qualified agreements for the Commonwealth—Pledge of the good faith, credit and the power to levy taxes | Unless the Secretary of the Treasury expressly limits the obligations of the Commonwealth under a qualified interest rate exchange agreement pursuant to the provisions of Section 2 of Article 2 of this Act, the good faith, the credit and the power to levy taxes of the Commonwealth are hereby pledged for the payment of ... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-6/82e/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85)›§ 82e - Qualified agreements for the Commonwealth—Causes for civil action | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85) › § 82e - Qualified agreements for the Commonwealth—Causes for civil action | The Commonwealth may be sued before the Court of First Instance of Puerto Rico in civil causes for acts that arise from any qualified interest rate exchange agreements, without the application of the limitations established in § 3077(c) of Title 32.
History —Aug. 1, 2005, No. 39, art. 3, § 6. |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-6/82f/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85)›§ 82f - Qualified agreements for the Commonwealth—Additional method | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85) › § 82f - Qualified agreements for the Commonwealth—Additional method | This chapter provides an alternate and additional method for fulfilling its provisions and supplements the powers conferred through other laws. This chapter does not repeal any of the existing powers of the Commonwealth.
History —Aug. 1, 2005, No. 39, art. 3, § 7. |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-6/83/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85)›§ 83 - Qualified agreements of the Authority—Authorization | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85) › § 83 - Qualified agreements of the Authority—Authorization | (a) The Executive Director is authorized to negotiate and execute, with any bank, investment bank, securities issuing bank or any other financial institution provided it has (directly or through securities) a high credit rating (of not less than investment grade), one (1) or more qualified interest rate exchange agreem... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-6/83a/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85)›§ 83a - Qualified agreements of the Authority—Guarantee | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85) › § 83a - Qualified agreements of the Authority—Guarantee | (a) The Commonwealth of Puerto Rico hereby guarantees the obligations of the Authority under the qualified interest rate exchange agreement of the Authority (the guarantee). These obligations under qualified interest rate exchange agreements of the Authority include the payment of the obligations, the programmed period... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-6/83b/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85)›§ 83b - Qualified agreements of the Authority—Duties; use of collateral | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85) › § 83b - Qualified agreements of the Authority—Duties; use of collateral | The duty of the Authority to make the payments required and meet its obligations under a qualified interest rate exchange agreement of the Authority, constitutes a continuous contractual obligation of the Authority exigible according to the laws of the Commonwealth applicable to the compliance of the contractual obliga... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-6/83c/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85)›§ 83c - Qualified agreements of the Authority—Treatment of the guarantee | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85) › § 83c - Qualified agreements of the Authority—Treatment of the guarantee | In order to determine the amount that the Commonwealth may be obligated to pay under the guarantee and at the same time be able to calculate the constitutional limit of the public debt under Section 2 of Article VI of the Constitution of Puerto Rico, in case the obligations under the guarantee are included in said calc... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-6/83d/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85)›§ 83d - Qualified agreements of the Authority—Use of the fixed rate | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85) › § 83d - Qualified agreements of the Authority—Use of the fixed rate | (a) For the purpose of complying with the limitation of the interest rate established in § 56 of this title, the effective interest rate corresponding to the obligations of the Authority or any portion thereof that provide for the payment of interest at a non-fixed rate for the term of said obligations or portion there... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-6/83e/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85)›§ 83e - Qualified agreements of the Authority—Causes of civil action | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85) › § 83e - Qualified agreements of the Authority—Causes of civil action | The Commonwealth may be sued before the Court of First Instance of Puerto Rico in civil causes for acts that arise from the guarantee and from any qualified interest rate exchange agreement of the Authority that refers to the guarantee, without the application of the limitations established in § 3077(c) of Title 32.
Hi... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-6/83f/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85)›§ 83f - Qualified agreements of the Authority—Additional method | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85) › § 83f - Qualified agreements of the Authority—Additional method | This chapter provides an alternate and additional method for fulfilling its provisions and supplements the powers conferred through other laws. This chapter does not repeal any of the existing powers of the Executive Director, of the Authority or of the Commonwealth.
History —Aug. 1, 2005, No. 39, art. 4, § 7. |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-6/84/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85)›§ 84 - Jurisdiction and competence | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85) › § 84 - Jurisdiction and competence | The civil causes authorized in §§ 82e and 83e of this title, as well as any controversy on its implementation that requires the interpretation of any of its provisions, shall originally be of the competence of the Court of First Instance, San Juan Superior Part. The Court of First Instance shall expeditiously adjudicat... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-6/85/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85)›§ 85 - English text to prevail | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 6 - Interest Rate Exchange Agreements (§§ 81 — 85) › § 85 - English text to prevail | It is hereby declared that the official text of this chapter is its version in the English language and if in the interpretation and application of this chapter any conflict should arise between the Spanish text and the English text of the same, the latter shall prevail over the former.
History —Aug. 1, 2005, No. 39, §... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-7/101/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 7 - Reimbursement of Sums Collected Unlawfully or Unduly, or in Excess (§§ 101 — 102)›§ 101 - Reimbursement authorized; limitation... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 7 - Reimbursement of Sums Collected Unlawfully or Unduly, or in Excess (§§ 101 — 102) › § 101 - Reimbursement authorized; limitations; taxes excluded | Whenever it is found to the satisfaction of the Secretary of the Treasury of Puerto Rico, either upon the application of an interested party, or upon investigation by the Secretary of the Treasury of Puerto Rico, upon making the revision and correction of receipts of revenues from all sources, that any moneys have been... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-7/102/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 7 - Reimbursement of Sums Collected Unlawfully or Unduly, or in Excess (§§ 101 — 102)›§ 102 - Source of refunds; costs and interes... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 7 - Reimbursement of Sums Collected Unlawfully or Unduly, or in Excess (§§ 101 — 102) › § 102 - Source of refunds; costs and interest | The amount necessary to cover the refund of such moneys improperly collected shall be paid by the Secretary of the Treasury of Puerto Rico chargeable to the funds into which the proceeds of said moneys shall have been originally covered; Provided, That when by administrative action, by order of the Court of First Insta... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111 - Short title and fiscal emergenc... | (a) This chapter shall be known and may be cited as the “Puerto Rico Public Corporation Debt Enforcement and Recovery Act”.
(b) Pursuant to §§ 9101 et seq. of Title 3, the Legislative Assembly has declared a state of fiscal emergency for the Commonwealth and its instrumentalities.
(c) The Legislative Assembly, in the e... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111a/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111a - Definitions | The following words and terms, when used and referred to in this chapter, shall have the meaning stated below:
(1) Act.— Means this Puerto Rico Public Corporation Debt Enforcement and Recovery Act.
(2) Administrative expense.— Means an expense of a petitioner, incurred or accrued from and after the date its petition is... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111b/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111b - Interpretation | (a) The terms of this chapter shall be liberally construed in favor of furthering the legislative objectives of this chapter.
(b) The singular includes the plural.
(c) Any neuter personal pronoun shall be considered to mean the corresponding masculine or feminine personal pronoun, as the context requires.
(d) The phras... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111c/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111c - Applicability of act | This chapter is applicable as to all debts-as they exist, prior to, on, and after the effective date of this act-of any public sector obligor that requests relief under §§ 112-112f of this title or that files a petition under §§ 113-113nn of this title; Provided, however, That some of a public sector obligor’s debt may... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111d/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111d - Evidentiary standard | Unless expressly otherwise provided, the requisite standard of proof in any proceeding under this chapter is proof by a preponderance of the evidence.
History —June 28, 2014, No. 71, § 105. |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111e/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111e - Savings and severability claus... | This chapter shall be interpreted in a manner to render it valid to the extent practicable in accordance with the Commonwealth Constitution and the U.S. Constitution. If any clause, paragraph, subparagraph, article, provision, section, subsection, or part of this chapter, were to be declared unconstitutional by a compe... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111f/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111f - Language conflict | This chapter shall be adopted both in English and Spanish. If in the interpretation or application of this chapter any conflict arises as between the English and Spanish texts thereof, the English text shall govern. It is recognized that certain terms and phrases used in this chapter are terms and phrases used in Engli... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111g/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111g - Inapplicability of other laws | (a) Any other Commonwealth law or any certificate of incorporation, bylaw, or other governing instrument of any Commonwealth entity is superseded to the extent inconsistent with this chapter. Any and all procedural rules herein shall supersede any other conflicting Commonwealth law to the extent inconsistent with this ... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111h/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111h - The Court | (a) The Public Sector Debt Enforcement and Recovery Act Courtroom is created herein, which shall be located in and be part of the Court of First Instance, San Juan Part. The Chief Justice of the Supreme Court may designate a judge of the Puerto Rico judicial system.
(b) A judge appointed pursuant to subsection (a) of t... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111i/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111i - Responsibilities and powers of... | (a) In keeping with the prescribed time periods in other sections of this chapter, the Court shall endeavor to conduct any proceeding under §§ 112-112f of this title or to resolve a case under §§ 113-113nn of this title with all deliberate speed and efficiency consistent with due process, and taking into account that c... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111j/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111j - Subject matter, personal, and ... | (a) Unless otherwise provided for in this chapter, the Court shall have original jurisdiction and exclusive jurisdiction, except in relation to a federal court exercising federal jurisdiction, to consider and adjudicate all disputes arising out of or related to this chapter, including the following:
(1) All disputes ar... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111k/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111k - Interaction of §§ 112-112f and... | A public sector obligor with the approval of GDB (or, upon the Governor’s request, GDB on the public sector obligor’s behalf) may seek relief under either §§ 112-112f of this title or §§ 113-113nn of this title, or both simultaneously or sequentially, subject to § 111l of this title, and may withdraw, in its discretion... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111l/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111l - Eligibility | (a) A public sector obligor is eligible for §§ 112-112f of this title, if it is authorized to commence a consensual debt relief transaction pursuant to clause (1) or (2) of subsection (b) of § 112 of this title.
(b) A petitioner is eligible for §§ 113-113nn of this title, if it:
(1) Is insolvent;
(2) is authorized to f... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111m/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111m - Binding nature of Court determ... | Any determination of the Court shall be binding on the eligible obligor or the petitioner, any entity asserting claims or other rights, including a beneficial interest, in respect of affected debt instruments or affected debt of such eligible obligor or such petitioner, any trustee, any collateral agent, any indenture ... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111n/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111n - Effect of approval, transfer, ... | (a) An approval order in respect of a consensual debt relief transaction under §§ 112-112f of this title and a confirmation order in respect of a plan or transfer order or final statement of allocation under §§ 113-113nn of this title shall each be treated as a judgment for the purposes of Commonwealth law, subject onl... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111o/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111o - Service of process | Except as otherwise ordered by the Court, service of process may be made by any of the means described in subsections (a), (b), or (c) below:
(a) Subject to § 113jj of this title, service of process may be made by the entities and in the manner prescribed by Rules 4.3 and 4.4 of the Puerto Rico Rules of Civil Procedure... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111p/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111p - Application of the Puerto Rico... | To the extent not inconsistent with this chapter, the Puerto Rico Rules of Civil Procedure shall apply to any proceedings under §§ 112-112f of this title and §§ 113-113nn of this title.
History —June 28, 2014, No. 71, § 117. |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111q/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111q - Language | (a) All pleadings, requests, and motions under this chapter shall be filed in accordance with Rule 8.7 of the Puerto Rico Rules of Civil Procedure; Provided, however, That all pleadings, requests, and motions filed in Spanish shall be accompanied by an English translation.
(b) All hearings, opinions, and orders shall b... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111r/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111r - Notice of appearance and plead... | (a) To the extent applicable under this chapter, any party in interest may file a notice of appearance with the Court requesting all notices and pleadings be transmitted to such party or its attorney at the email addresses specified in its notice of appearance, or, if an email address is not available, at the mailing a... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111s/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111s - Objections | Whenever an entity objects to or challenges the relief requested under §§ 112-112f of this title or §§ 113-113nn of this title, such entity shall provide, within five (5) business days of an eligible obligor’s or a petitioner’s written request, all documents in its possession, custody, or control supporting, and all do... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111t/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111t - Noticing agent | (a) Each the eligible obligor, the petitioner, or GDB (acting on behalf of the eligible obligor or the petitioner), shall carry out the disclosure mechanisms and noticing requirements provided in this section, and, to that end, may retain and employ an entity to serve as noticing agent to:
(1) Create and maintain a web... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111u/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111u - Confidentiality of certain fil... | (a) The Court, for cause, may protect an individual with respect to the following types of information to the extent the Court finds that disclosure of such information would create undue risk of identity theft or other unlawful injury to the individual or the individual’s property:
(1) Any means of identification (as ... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111v/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111v - Confidential deliberations | Notwithstanding any otherwise applicable Commonwealth law, including §§ 9081 et seq. of Title 3, all deliberations regarding whether to seek relief under this chapter, what plan or relief to propose, or other matters relating to this chapter, shall not be made public, but adequate records of such deliberations shall be... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111w/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111w - No implied private right of ac... | There is no implied private right of action under this chapter.
History —June 28, 2014, No. 71, § 124. |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111x/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111x - Special counsel, professional ... | (a) To the extent, if any, that two public sector obligors seeking relief under this chapter and represented by the same legal professionals have one or more disputes between such public sector obligors, or a public sector obligor seeking relief under this chapter and GDB represented by the same legal counsel have one ... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111y/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111y - Bond requirement | In the discretion of the Court or the Supreme Court, any entity may be ordered to post a bond in the amount determined by the Court or the Supreme Court when:
(a) Seeking to enjoin compliance with or proceedings pursuant to all or a portion of this chapter; or
(b) appealing from a decision of the Court and requesting a... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111z/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111z - Appeals | (a) Any appeal of an approval order, a transfer order, a final statement of allocation, or a confirmation order shall be filed with the Supreme Court no later than fourteen (14) days after the filing in the record of a copy of the notice of the approval order, the transfer order, the final statement of allocation, or t... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111aa/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111aa - Compliance with Commonwealth ... | If a party to a contract with an eligible obligor or a petitioner demonstrates that its treatment under this chapter substantially or severely impairs its rights under such contract for purposes of the Commonwealth Constitution or the U.S. Constitution without providing an adequate remedy therefor, the substantial or s... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111bb/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111bb - Adequate protection and polic... | (a) When an entity’s interest in property is entitled to adequate protection under this chapter, it may be provided by any reasonable means, including:
(1) Cash payment or periodic cash payments;
(2) a replacement lien or liens (on future revenues or otherwise); or
(3) in connection with a case under §§ 113-113nn of th... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111cc/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111cc - Reserved | History —June 28, 2014, No. 71, § 130. |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111dd/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111dd - Limitations on avoidance acti... | No preference action by or on behalf of creditors of any eligible obligor or petitioner shall be prosecuted. No fraudulent transfer action by or on behalf of creditors of any eligible obligor or petitioner shall be prosecuted except such actions for a transfer, or an incurrence of an obligation, that was made with actu... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111ee/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111ee - Recovery on avoidance actions | (a) Except as otherwise provided in this section, to the extent that a transfer is avoided pursuant to § 111dd of this title, an eligible obligor or petitioner may recover the property transferred, or, if the Court so orders, the value of such property, from:
(1) The initial transferee of such transfer or the entity fo... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111ff/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111ff - Right of GDB to coordinate an... | (a) GDB shall have, on its own behalf and on behalf of the public sector obligor, at all stages of proceedings including appeals and certiorari proceedings, standing to raise, appear on, be heard on, prosecute, and defend against any and all issues and requests for relief in a consensual debt relief transaction under §... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111gg/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111gg - GDB reimbursement | (a) The eligible obligor or the petitioner, as applicable, shall reimburse or pay GDB, in full, for GDB’s costs and expenses for amounts paid or agreed to be paid, in preparation for seeking relief under this chapter, including for the payment of financial and legal advisors of the eligible obligor, the petitioner, and... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111hh/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111hh - Appointment of Emergency Mana... | The Governor may, at any time during the suspension period under §§ 112-112f of this title or during the pendency of a case under §§ 113-113nn of this title, appoint an emergency manager for the eligible obligor or petitioner, as applicable. The Governor may choose any individual to serve as emergency manager, includin... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111ii/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111ii - Ongoing operations | (a) During the suspension period under §§ 112-112f of this title or the pendency of a case under §§ 113-113nn of this title, an eligible obligor or petitioner, as applicable, shall (1) operate the enterprise and make all personnel and other business determinations during the suspension period or the pendency of a case ... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-i/111jj/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter I - General Provisions (§§ 111 — ... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter I - General Provisions (§§ 111 — 111jj) › § 111jj - Quasi-immunity of the eligibl... | (a) Except to the extent proven by final and unappealable judgment, to have engaged in willful misconduct for personal gain or gross negligence comprising reckless disregard of and failure to perform applicable duties, the enumerated entities shall not have any liability to any entity for, and without further notice or... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-ii/112/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter II - Consensual Debt Relief (§§ 1... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter II - Consensual Debt Relief (§§ 112 — 112f) › § 112 - Consensual debt relief tran... | (a) The objectives of §§ 112-112f of this title are the following:
(1) To enable an eligible obligor to become financially self-sufficient;
(2) to allocate equitably among all stakeholders the burdens of the recovery program; and
(3) to provide the same treatment to all creditors within a class of affected debt instrum... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-ii/112a/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter II - Consensual Debt Relief (§§ 1... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter II - Consensual Debt Relief (§§ 112 — 112f) › § 112a - Relief and commitment | (a) In a consensual debt relief transaction undertaken pursuant to § 112 of this title, an eligible obligor may seek approval of any amendment, modification, waiver, or exchange to or of the affected debt instruments from the holders of such instruments.
(b) In connection with a consensual debt relief transaction, an e... |
https://law.justia.com/codes/puerto-rico/title-thirteen/subtitle-1/chapter-8/subchapter-ii/112b/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423)›Subtitle 1 - Governmental Finances (§§ 1 — 155)›Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn)›Subchapter II - Consensual Debt Relief (§§ 1... | 2023 Laws of Puerto Rico › TITLE THIRTEEN - Taxation and Finance (§§ 1 — 33423) › Subtitle 1 - Governmental Finances (§§ 1 — 155) › Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act (§§ 111 — 113nn) › Subchapter II - Consensual Debt Relief (§§ 112 — 112f) › § 112b - Oversight Commission | (a) An oversight commission shall be established for each eligible obligor that is subject to a recovery program no later than ten (10) days after entry of the approval order. The identity and affiliation(s) of the persons who will serve on the oversight commission shall be disclosed publicly prior to the commencement ... |
Subsets and Splits
Unemployment Word Count by State
Calculates the total word count of documents related to unemployment in each state, revealing insights into the volume of unemployment-related content by location.
CO Title 8 Word Count
Calculates the total number of words in the content of entries related to 'Title 8' in Colorado, providing insight into the volume of text data available for that specific category and state.