P.R. Laws tit. 21, § 1044

2019-02-20
§ 1044. Effectiveness of the decree

A decree granted pursuant to this chapter shall have an initial effectiveness of thirty (30) years as of the date on which the facility begins operations. If the grantee undertakes a substantial renewal or extension of the project, the decree, at the discretion of the Selection Committee and pursuant to the terms and conditions established in the decree, may be renewed at any time during the decree’s effective term, for two (2) additional terms of ten (10) years each time.

History —Aug. 1, 2010, No. 118, § 8.