Statutes, codes, and regulations
Laws of Puerto Rico
TITLE THIRTEEN Taxation and FinanceSubtitle 1 Governmental Finances
Chapter 3. Government Bonds
§ 44. Redemption or purchase of government bonds from available surpluses—Annual transfer from Interest on Investments Fund to general funds

P.R. Laws tit. 13, § 44

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2019-02-20 00:00:00+00
§ 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.