P.R. Laws tit. 28, § 284
In addition to the powers vested in the Authority by other provisions of §§ 241 et seq. of this title, the same is hereby empowered to borrow money or accept contributions, grants or other financial assistance from the federal government; to receive, lease, or administer any enterprise constructed by the federal government or which is owned by the latter, and for said purposes, to comply with the conditions and execute the mortgages, deeds of trust, and the leases or agreements that may be necessary, advisable or desirable. It is the purpose and intention of §§ 241 et seq. of this title to authorize the Authority to do each and every one of the things that may be necessary or desirable to obtain the financial assistance or the cooperation of the federal government in the beginning, construction, conservation, or operation of any activity of the Authority.
History —Apr. 12, 1941, No. 26, p. 388, § 30, eff. 90 days after Apr. 12, 1941.