P.R. Laws tit. 13, § 111k

2019-02-20 00:00:00+00
§ 111k. Interaction of §§ 112-112f and 113-113nn of this title

A public sector obligor with the approval of GDB (or, upon the Governor’s request, GDB on the public sector obligor’s behalf) may seek relief under either §§ 112-112f of this title or §§ 113-113nn of this title, or both simultaneously or sequentially, subject to § 111l of this title, and may withdraw, in its discretion, a suspension period notice or any obligation identified in a suspension period notice, a proposal for a consensual debt relief transaction, or an application for entry of an approval order under §§ 112-112f of this title, prior to entry of an approval order that has become a final and unappealable order. The petitioner, with the approval of GDB (or, upon the Governor’s request, GDB on the petitioner’s behalf), may withdraw a petition under chapter 3 of this Act.

History —June 28, 2014, No. 71, § 112.