P.R. Laws tit. 15, § 1167
2019-02-20 00:00:00+00
(a) Subject to the provisions of this section, the Board may authorize the Trust to borrow money, from time to time, but without alienating the asset constituted by Casa Olímpica; the Trust may only borrow against its income and not against COPUR. Regarding all other properties of the Fund, the Trust may borrow money under such terms and conditions, including mortgages, that the Board deems appropriate.
History —June 12, 1992, No. 12, § 17.