Title 48 — Territories and Insular Possessions
Chapter 4 — Puerto Rico
§ 915. Bonds as public debt
Statutory text
Such bonds shall not be a debt of Puerto Rico or any municipality, and shall not constitute a public indebtedness within the meaning of section 3 of the Act of Congress approved , entitled “An Act to provide a civil government for Porto Rico, and for other purposes”, as amended.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Pub. L. 75–703 § 5 · 52 Stat. 1203
Enacted · 48 U.S.C. § 915
(June 25, 1938, ch. 703, § 5, 52 Stat. 1203.)
Source evidence
Code source credit
(June 25, 1938, ch. 703, § 5, 52 Stat. 1203.)Enacted provision · exact public law section
Sec. 5. Such bonds shall not be a debt of Puerto Rico or any municipality, and shall not constitute a public indebtedness within the meaning of section 3 of the Act of Congress approved March 2, 1917, entitled “An Act to provide a civil government for Porto Rico, and for other purposes”, as amended.
1 of 1 references resolved to an enrolled provision
Editorial Notes
References in Text
Section 3 of the Act of Congress approved , referred to in text, is section 3 of act Mar. 2, 1917, ch. 145, 39 Stat. 953. The provisions of section 3 of the Act limiting the public indebtedness of Puerto Rico and of certain municipalities thereof were contained in section 745 of this title, prior to the amendment made to that section by Pub. L. 87–121, § 1, , 75 Stat. 245, which struck out those provisions. See 1961 Amendment note under section 745 of this title.
Codification
Section was not enacted as part of the Puerto Rican Federal Relations Act which comprises this chapter.
Credits
(June 25, 1938, ch. 703, § 5, 52 Stat. 1203.)