Sec. 202. Who may be a debtor
112 words·~1 min read·
/bill/114/s/2676/is/section-202·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An entity may be a debtor under this title if the entity— is— a Territory that has requested the establishment of a Fiscal Stability and Reform Board in accordance with section 111; or a municipality— of a Territory that has requested the establishment of a Fiscal Stability and Reform Board in accordance with section 111; and that has been specifically authorized, in its capacity as a municipality or by name, to be a debtor under this title by Territory law, or by a governmental officer or organization empowered by Territory law to authorize such entity to be a debtor under this title; and desires to effect a plan to adjust its debts.