P.R. Laws tit. 21, § 5008
2019-02-20 00:00:00+00
Nothing contained in this chapter shall be construed to modify a prior action taken according to law that commits the good faith, the credit and the taxing power of the Commonwealth or of any municipality for the payment of principal or interest on any bonds or notes of the Commonwealth or of any municipality, nor does it impair guaranty of commitments of such a nature entered into from now on according to the law. When the resources available for a fiscal year are not sufficient to cover the appropriations approved for that year, the procedures provided in Sec. 8 of Art. VI of the Constitution of the Commonwealth of Puerto Rico shall be followed.
History —Aug. 30, 1991, No. 83, § 2.08.