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Code · BILL · 116th Congress · H.R. 2526 (Introduced in House) — To provide the option of discharging certain unsecured financial obligations of self-governing territories of the Uni... · Sec. 305

Sec. 305. Authority of the Commission

72 words·~1 min read·/bill/116/hr/2526/ih/section-305·

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In order to carry out the duties described in section 304, the Commission— may audit, and ensure the transparency of, the indebtedness process of the Commonwealth of Puerto Rico and each instrumentality of the Commonwealth of Puerto Rico; and shall have primary jurisdiction to intervene, have knowledge of, and conduct, on the initiative of the Commission, any investigation on any matter or dispute relating to any indebtedness process described in paragraph (1).
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