P.R. Laws tit. 7, § 251c

2019-02-20 00:00:00+00
§ 251c. Exemption from collateral guarantee

In the case of a contract to finance authorities where the creation of special trust funds is needed, the Secretary may exempt such contract from the rule for general collaterals and accept a different form of collateral, or not require any, when there are circumstances that so merit it.

History —Aug. 14, 1991, No. 69, § 1.5.