In order to carry on with the government’s work of providing the people with the best modes of transportation; uniformly implementing the public policy on public transportation, rail transport, and maritime transport; facilitating the mobility of persons and students; reducing to the maximum extent feasible any risks and inconveniences posed by traffic congestion in the highways of the Commonwealth of Puerto Rico; meeting the growing demand for more and better transportation facilities that Puerto Rico’s economic growth requires; contributing with the development and implementation of the transportation plan defined in this chapter; and promoting the development of areas surrounding train stations, bus terminals, and intermodal or multimodal stations, a body corporate and politic is hereby created as a public corporation and government instrumentality of the Commonwealth of Puerto Rico attached to the Department of Transportation and Public Works, with legal standing and juridical personality separate and independent from those of the Commonwealth of Puerto Rico, to be known as the Puerto Rico Integrated Transit Authority (hereinafter the “Authority”).
It shall be understood that any debt, obligation, contract, bond, note, promissory note, receipt, expense, account, funds, venture, or property of the Authority, its officials, agents, or employees belongs to the Authority rather than to the Commonwealth of Puerto Rico or any office, bureau, department, commission, entity, municipality, branch, agency, official, or employee thereof.
History —Aug. 3, 2014, No. 123, § 3.