P.R. Laws tit. 21, § 6027
(a) When the Governor decrees a state of emergency in one or more municipalities and for the duration of said state of emergency, the Legislature of the municipalities declared to be in a state of emergency shall not be under the obligation to comply with the requirement of a public hearing provided in § 6006 of this title nor with the requirement to publish a notice of approval provided in § 6009 of this title, in order to incur obligations evidenced by bonds, notes or any other instruments whose purpose is to obtain funds to attend to the needs resulting from said state of emergency. If the Legislature decides to waiver compliance with one or both of these requirements, the ordinance or resolution shall refer to the state of emergency and indicate that those requirements are not complied with for such a reason.
(b) When the Governor decrees a state of emergency and for the duration of said state of emergency, the Legislature of the municipalities declared to be in a state of emergency may, through an ordinance approved after the holding of a public hearing and with the approval of the Government Bank, assign all or part of the product from special obligations, or the general obligation bonds or notes already incurred, for purposes not specified in the ordinances or resolutions that authorized said obligations, but that are needed to attend to the needs resulting from said state of emergency in the municipality.
(c) When the Governor decrees a state of emergency and for the duration of said state of emergency, the Government Bank shall have the authority to approve special obligations that do not comply with the restriction established in § 6015 of this title, provided the product of said obligations is used only to attend to the needs resulting from the state of emergency and the municipality has no other alternative available to take money on loan to attend to such needs.
History —July 3, 1996, No. 64, § 28, renumbered as § 30 and amended on Aug. 12, 1997, No. 75, § 30.