The following terms, whenever used or referred to in this chapter, have the following meanings, except where the context clearly indicates otherwise:
(a) Port Commission. — Means the Mayagüez Port Commission created pursuant to § 553 of this title.
(b) Bonds. — Means the bonds, interim bonds, refunding bonds, obligations, debentures, notes, interim notes, receipts or certificates, notes payable or other evidences of indebtedness of the Port Commission which are not obligations incurred in the normal course of its current expenses.
(c) Businesses. — Means any property, whether real, personal or mixed, owned, managed, controlled or used by the Port Commission, or intended to be owned, operated, managed, controlled or used, in connection with any of its activities, including, but without limitation, projects consisting of one (1) or more ports, quays, docks, retaining walls, basins, dams, vehicle roads, rails, piping, buildings, warehouses, or other facilities necessary or expedient for accommodating boats and other vessels with their freight and passengers.
History —May 18, 1959, No. 10, p. 46, § 18.