View all text of Subchapter II [§ 2141 - § 2152]

§ 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.

(Pub. L. 114–187, title II, § 207, June 30, 2016, 130 Stat. 575.)