P.R. Laws tit. 27, § 434

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§ 434. Use of net proceeds

The net proceeds of the sale shall be used in the amounts established by the Legislature through a Joint Resolution to defray the costs corresponding to the Authority, from the benefits provided in § 435 of this title, and to make contributions to the Retirement System and to the Infrastructure Development Fund. The net proceeds of the sale that are to be assigned to the Infrastructure Development Fund shall remain deposited in said Fund. The revenues generated by the investment of these resources shall be used for infrastructure development projects whose construction contracts have not been adjudicated at the time of approval of this act.

History —Aug. 4, 1997, No. 54, § 5.