P.R. Laws tit. 22, § 258
Should a potential water power be developed in connection with the construction of the Irrigation System, the Puerto Rico Electric Power Authority is hereby authorized to arrange for the utilization and exploitation thereof as an integral part of the said irrigation system, to the best advantage, either by administration or under franchise to private parties, giving preference in this case to the municipalities and to the property owners comprised in the Irrigation District.
All profits accruing from said power shall be covered into the Irrigation Fund and applied to the decrease of annual assessments until all indebtedness incurred on behalf of the irrigation system has been fully paid, but the right and title to such water power shall remain in the Commonwealth Government, and the income from said work, after all indebtedness has been paid, shall be covered into the Commonwealth Treasury as Commonwealth Revenues until further provision shall have been made by the Legislative Assembly.
History —Sept. 18, 1908, p. 152, § 29.