P.R. Laws tit. 21, § 6029

2019-02-20 00:00:00+00
§ 6029. Covenant of the Commonwealth of Puerto Rico

The Commonwealth of Puerto Rico hereby commits itself and agrees with any person or persons who subscribe or acquire bonds, notes or instruments authorized under the provisions of this chapter, not to limit or alter the rights, obligations and faculties which are hereby conferred on the municipalities, the Center and the Government Bank, in such a way as to constitute a violation of the rights of the holder of the bonds, notes or instruments, until said bonds, notes or instruments issued on any date, together with the interest thereon, have been totally redeemed.

History —July 3, 1996, No. 64, § 30, renumbered as § 32 and amended on Aug. 12, 1997, No. 75, § 32.