48 U.S.C. § 2147

Current through P.L. 118-107 (published on www.congress.gov on 11/21/2024)
Section 2147 - Oversight Board authority related to debt issuance

For so long as the Oversight Board remains in operation, no territorial government may, without the prior approval of the Oversight Board, issue debt or guarantee, exchange, modify, repurchase, redeem, or enter into similar transactions with respect to its debt.

48 U.S.C. § 2147

Pub. L. 114-187, title II, §207, June 30, 2016, 130 Stat. 575.
Oversight Board
The term "Oversight Board" means a Financial Oversight and Management Board established in accordance with section 2121 of this title.
territorial government
The term "territorial government" means the government of a covered territory, including all covered territorial instrumentalities.