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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 48 U.S.C. § 2162 Who may be a debtor us united_states_code code_section 48 TERRITORIES AND INSULAR POSSESSIONS 20 PUERTO RICO OVERSIGHT, MANAGEMENT, AND ECONOMIC STABILITY 2162 48 U.S.C. § 2162 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc48@119-100.zip /us/usc/t48/s2162 data/legal/raw/us/code/title-48/usc48.xml e03b852fa58229585153d435029b8488846c11f386061b6b7cae39d4cbb126d2 2f9a72ec272e6666d7f55f52cc3186aefc6368ca4cc2b9053a531de2fb9288c2 f4ac4acc33c46571e10582e61fda2516a8789dff0ff2a237fc97b38485ebb7f4 2026-07-04 official
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48 U.S.C. § 2162 - Who may be a debtor

Text

An entity may be a debtor under this subchapter if—

(1) the entity is—

(A) a territory that has requested the establishment of an Oversight Board or has had an Oversight Board established for it by the United States Congress in accordance with section 2121 of this title; or

(B) a covered territorial instrumentality of a territory described in paragraph (1)(A);

(2) the Oversight Board has issued a certification under section 2146(b) of this title for such entity; and

(3) the entity desires to effect a plan to adjust its debts.

(Pub. L. 114187, title III, § 302, June 30, 2016, 130 Stat. 579.)