P.R. Laws tit. 7, § 264
2019-02-20 00:00:00+00
All debenture bonds issued by the Agency in accordance with the provisions of this chapter shall be secured by the moneys deposited in the account of the Insured Mortgages Reserve Fund. Said debenture bonds shall bear such date, fall due on such date or dates, be redeemable before maturity with or without premium, draw interest at such rate or rates, be payable on such date or dates, and be executed, as the Secretary may determine.
History —June 25, 1965, No. 87, p. 216, § 4; July 23, 1974, No. 215, Part 2, p. 123, § 1.