---
type: "LegalText"
title: "48 U.S.C. § 745b"
description: "Refunding bonds excluded temporarily in computing indebtedness"
jurisdiction: "us"
corpus: "united_states_code"
kind: "code_section"
title_number: 48
title_name: "TERRITORIES AND INSULAR POSSESSIONS"
chapter_number: "4"
chapter_name: "PUERTO RICO"
section: "745b"
citation: "48 U.S.C. § 745b"
status: "current"
release_point: "119-100"
release_date: "2026-06-26"
source: "official"
source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc48@119-100.zip"
source_identifier: "/us/usc/t48/s745b"
source_file: "data/legal/raw/us/code/title-48/usc48.xml"
source_hash: "0601300aedcf63ba8273102c470f32b90621bb3ae6ca867cea4ce6fa0ad18aaf"
raw_snapshot_hash: "2f9a72ec272e6666d7f55f52cc3186aefc6368ca4cc2b9053a531de2fb9288c2"
text_hash: "1b8c1c695ce72547b9bb0400f808a9d6cdc5a7acfa24b3473061a11f5b95acd2"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---

# 48 U.S.C. § 745b - Refunding bonds excluded temporarily in computing indebtedness

## Text

Any bonds or other obligations of Puerto Rico issued after August 3, 1935, for the purpose of retiring previously outstanding bonds or obligations shall not be included in computing the public indebtedness of Puerto Rico under section 745 of this title, until six months after their issue.

(Aug. 3, 1935, ch. 435, 49 Stat. 516.)

## Notes

Editorial Notes

Codification Section was not enacted as part of the Puerto Rican Federal Relations Act which comprises this chapter.