P.R. Laws tit. 23, § 2919

2019-02-20 00:00:00+00
§ 2919. Distribution of funds

The board of directors of the Authority may distribute to the General Fund from time to time, those net revenues of the Authority which in the judgment of the Board are not needed to cover its operating and maintenance expenses, or the principal and interest on its obligations, or the reserves for paying its obligations, or needed for the payment of the conservation and maintenance costs of the Port and its facilities or any construction fund to carry out future improvements at the Port.

History —Aug. 11, 2002, No. 171, § 20.