Title 48 — Territories and Insular PossessionsRelease 119-73
§2172 Filing of plan of adjustment
Title 48 › Chapter CHAPTER 20— - PUERTO RICO OVERSIGHT, MANAGEMENT, AND ECONOMIC STABILITY › Subchapter SUBCHAPTER III— - ADJUSTMENTS OF DEBTS › § 2172
Summary
Only the Oversight Board can submit a plan to adjust how the debtor’s debts will be handled, and it can do that only after it receives a certificate under section 2124(j). If the Oversight Board does not file that plan with the petition, the court will set a deadline and the Oversight Board must file the plan by that time.
Full Legal Text
Title 48, §2172
Territories and Insular Possessions — Source: USLM XML via OLRC
(a)Only the Oversight Board, after the issuance of a certificate pursuant to section 2124(j) of this title, may file a plan of adjustment of the debts of the debtor.
(b)If the Oversight Board does not file a plan of adjustment with the petition, the Oversight Board shall file a plan of adjustment at the time set by the court.
Reference
Citations & Metadata
Citation
48 U.S.C. § 2172
Title 48 — Territories and Insular Possessions
Last Updated
Apr 6, 2026
Release point: 119-73