P.R. Laws tit. 23, § 286

2019-02-20 00:00:00+00
§ 286. Bonds legal investments for fiduciaries and security for public deposits

The bonds of the Company shall be lawful investment, and may be accepted as security, for all fiduciary, trust, and public funds, the investment or deposit of which shall be under the authority or control of the Government of Puerto Rico or any officer or officers thereof.

History —May 11, 1942, No. 188, p. 934, § 17, renumbered as § 16 on May 14, 1952, No. 456, p. 950, § 15; renumbered as § 15 on Dec. 29, 1997, No. 203, § 12, eff. Jan. 1, 1998.