P.R. Laws tit. 13, § 42

2019-02-20 00:00:00+00

§ 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 there are on hand sufficient funds to immediately meet the authorized disbursements that are to be made against said funds.

History —Dec. 7, 1942, No. 33, p. 174, § 8, eff. 90 days after Dec. 7, 1942.