P.R. Laws tit. 13, § 82d
Unless the Secretary of the Treasury expressly limits the obligations of the Commonwealth under a qualified interest rate exchange agreement pursuant to the provisions of Section 2 of Article 2 of this Act, the good faith, the credit and the power to levy taxes of the Commonwealth are hereby pledged for the payment of the programmed periodic payments and any payment for the termination thereof or any other payment payable under any qualified interest rate exchange agreement executed under the provisions of this chapter.
Subject to the provisions of § 82a of this title, the Secretary of the Treasury is hereby authorized and directed to indicate in each of said qualified interest rate exchange agreements, that the good faith, the credit and the power to levy taxes of the Commonwealth are hereby pledged for the payment of the amounts payable by the Commonwealth under said agreement.
History —Aug. 1, 2005, No. 39, art. 3, § 5.