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Code · STATUTE-COMPILATIONS · Puerto Rico Oversight, Management, and Economic Stability Act · Sec. 302

Sec. 302. WHO MAY BE A DEBTOR

107 words·~1 min read·/statute-compilations/comps-12101/sec-302

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## SEC. 302 WHO MAY BE A DEBTOR **[**[48 U.S.C. 2162](/us/usc/t48/s2162)**]** An entity may be a debtor under this title 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 101 of this Act; or #####
(B)a covered territorial instrumentality of a territory described in paragraph (1)(A); ####
(2)the Oversight Board has issued a certification under section 206(b) of this Act for such entity; and ####
(3)the entity desires to effect a plan to adjust its debts.
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Sec. 302
WHO MAY BE A DEBTOR
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