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Code · U.S. Code · Title 48 - TERRITORIES AND INSULAR POSSESSIONS · CHAPTER 20— PUERTO RICO OVERSIGHT, MANAGEMENT, AND ECONOMIC STABILITY · SUBCHAPTER II— RESPONSIBILITIES OF OVERSIGHT BOARD · § 2150

§ 2150. No full faith and credit of the United States

208 words·~1 min read·/usc/title-48/section-2150

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(a)In general The full faith and credit of the United States is not pledged for the payment of any principal of or interest on any bond, note, or other obligation issued by a covered territory or covered territorial instrumentality. The United States is not responsible or liable for the payment of any principal of or interest on any bond, note, or other obligation issued by a covered territory or covered territorial instrumentality.
(b)Subject to appropriations Any claim to which the United States is determined to be liable under this chapter shall be subject to appropriations.
(c)Funding No Federal funds shall be authorized by this chapter for the payment of any liability of the territory or territorial instrumentality.
(Pub. L. 114–187, title II, § 210, June 30, 2016, 130 Stat. 576.)
Connections3 cite this · traces to 2
2 references not yet in our index
  • 130 Stat. 576
  • 130 Stat. 549
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§ 2150
No full faith and credit of the United States
Pub. L.×1
Stat. Comp.×1
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Stat.130 Stat. 576
Stat.130 Stat. 549
Cites 4Cited by 3 across 3 sources
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