P.R. Laws tit. 22, § 157

2019-02-20 00:00:00+00
§ 157. Agreement of Commonwealth Government

The Commonwealth Government does hereby pledge to, and agree with, any person or persons subscribing to or acquiring bonds of the Authority that it will not limit or alter the rights or powers hereby vested in the Authority so as to impair the rights of the bondholders until all such bonds at any time issued, together with the interest thereon, are fully met and discharged.

History —May 1, 1945, No. 40, p. 138, § 18, renumbered as § 17 and amended on May 3, 1949, No. 163, § 1.