Sec. 201. Definitions
104 words·~1 min read·
/bill/114/s/3044/is/section-201·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In this title: The term Board means the Board of the Corporation. The term Bond means a bond, loan, line of credit, note, or other borrowing title, in physical or dematerialized form, of which— the issuer, borrower, or guarantor is a municipality or the Commonwealth; and the date of issuance or incurrence of debt precedes the date of enactment of this Act. The term Corporation means the Puerto Rico Reconstruction Finance Corporation established under section 202. The term municipality — includes any political subdivision, public agency, instrumentality or instrumentality of the Commonwealth; and should be broadly construed to effectuate the purposes of this title.