P.R. Laws tit. 13, § 63

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

§ 63. Notes in advance of taxes and revenues—Authorized

The Secretary of the Treasury is hereby empowered to issue notes in advance of taxes and revenues of the Commonwealth of Puerto Rico from time to time, including notes issued to renew other notes issued under the provisions of §§ 63—63h of this title, to pay the budgetary appropriations made for the current fiscal year in advance of the receipt of taxes and revenues to be collected in cash during such fiscal year according to the budget estimates of the Commonwealth of Puerto Rico, and to pay the expenses related to the sale and issue of such notes.

History —June 26, 1987, No. 1, p. 591, § 1.