P.R. Laws tit. 7, § 594

2019-02-20 00:00:00+00
§ 594. Power to deal in bonds, etc

The Bank may in good faith, buy, sell, own, hold and deal in any of the bonds, notes, evidences of indebtedness and/or interest coupons or evidences of interest appurtenant thereto, of the Commonwealth Government, its agencies and municipalities, and of the Secretary of the Treasury of Puerto Rico, and of any units, as described in § 587 of this title, and may join in any action which any bondholder, noteholder or holder of evidence of indebtedness, may be entitled to take with like effect, as if the Bank were not acting singly or severally under any section or §§ 581—595 of this title.

History —May 15, 1945, No. 272, p. 952, §§ 14, 15.