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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. § 2147 Oversight Board authority related to debt issuance us united_states_code code_section 48 TERRITORIES AND INSULAR POSSESSIONS 20 PUERTO RICO OVERSIGHT, MANAGEMENT, AND ECONOMIC STABILITY 2147 48 U.S.C. § 2147 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/s2147 data/legal/raw/us/code/title-48/usc48.xml bcc1a0c6a2a2ed6913ef158f89c2e8e278c161071097a99eb1b79033022c221c 2f9a72ec272e6666d7f55f52cc3186aefc6368ca4cc2b9053a531de2fb9288c2 ba843dcab967cdac59c32f3ccb7af1def939c86a6a439bac03a0a88aedcb1bdd 2026-07-04 official
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48 U.S.C. § 2147 - Oversight Board authority related to debt issuance

Text

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.

(Pub. L. 114187, title II, § 207, June 30, 2016, 130 Stat. 575.)