P.R. Laws tit. 23, § 566
The Commonwealth does hereby pledge to, and agree with, any person, firm or corporation, or any federal, Commonwealth or state agency, subscribing to or acquiring bonds of the Port Commission to finance in whole or in part any undertaking or any part thereof, that it will not limit or restrict the rights or powers hereby vested in the Port Commission until all such bonds at any time issued, together with the interest thereon, are fully met and discharged. The Commonwealth does further pledge to, and agree with, any federal agency that in the event that any federal agency shall construct, extend, improve or enlarge, or contribute any funds for the construction, extension, improvement or enlargement of, any project of the Port Commission or any portion thereof, the Commonwealth Government will not alter or limit the rights or powers of the Port Commission in any manner which would be inconsistent with the continued maintenance and operation of the said project or the extension, improvement or enlargement thereof, or which would be inconsistent with the due performance of any agreements between the Port Commission and any such federal agency; and the Port Commission shall continue to have and may exercise all rights and powers herein granted so long as the same shall be necessary or desirable for the carrying out of the purposes of this chapter and the purpose of any federal agency in constructing, extending, improving or enlarging, or contributing funds for the construction, extension, improvement or enlargement of said project or any portion thereof.
History —May 18, 1959, No. 10, p. 46, § 15.