Title 48Territories and Insular PossessionsRelease 119-73

§2147 Oversight Board authority related to debt issuance

Title 48 › Chapter CHAPTER 20— - PUERTO RICO OVERSIGHT, MANAGEMENT, AND ECONOMIC STABILITY › Subchapter SUBCHAPTER II— - RESPONSIBILITIES OF OVERSIGHT BOARD › § 2147

Last updated Apr 6, 2026|Official source

Full Legal Text

Title 48, §2147

Territories and Insular Possessions — Source: USLM XML via OLRC

For so long as the Oversight Board remains in operation, no territorial government may, without the prior approval of the Oversight Board, issue debt or guarantee, exchange, modify, repurchase, redeem, or enter into similar transactions with respect to its debt.

Reference

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Citation

48 U.S.C. § 2147

Title 48Territories and Insular Possessions

Last Updated

Apr 6, 2026

Release point: 119-73