P.R. Laws tit. 25, § 2925
The rights, revenues, charges and any other income derived by the Trust from the project related to the bonds of any issue, except that part that may be needed to pay the costs incurred by the Puerto Rico National Guard Institutional Trust in said project, and to provide such reserves, if any, that may be provided in the trust agreement that secures said bonds, shall be deposited regularly in a reserve fund for the payment of debt service as provided in the trust agreement, for the payment of principal and interest on said bonds as they mature, and the redemption or purchase price of bonds retired by redemption or purchase as has been provided. The guaranty shall be valid and binding from the moment it is constituted.
History —July 23, 1991, No. 23, § 17.