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48 U.S.C. § 2193 — Role and capacity of Oversight Board
Federal law — U.S. Code and appendices · legal_authorities
**(a) Actions of Oversight Board** For the purposes of this subchapter, the Oversight Board may take any action necessary on behalf of the debtor to prosecute the case of the debtor, including—
(1) filing a petition under [section 2164 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title48-section2164&num=0&edition=prelim);
(2) submitting or modifying a plan of adjustment under sections 2172 and 2173 of this title; or
(3) otherwise generally submitting filings in relation to the case with the court.
**(b) Representative of debtor** The Oversight Board in a case under this subchapter is the representative of the debtor.
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Source file: Laws/federal/codes/united-states-code/title-48/section-2193-role-and-capacity-of-oversight-board--c840839901.md
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Source location: Title 48, Chapter 20, § 2193; chapter-020-puerto-rico-oversight-management-and-economic-stability.md
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**(a) Actions of Oversight Board** For the purposes of this subchapter, the Oversight Board may take any action necessary on behalf of the debtor to prosecute the case of the debtor, including—
(1) filing a petition under [section 2164 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title48-section2164&num=0&edition=prelim);
(2) submitting or modifying a plan of adjustment under sections 2172 and 2173 of this title; or
(3) otherwise generally submitting filings in relation to the case with the court.
**(b) Representative of debtor** The Oversight Board in a case under this subchapter is the representative of the debtor.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** The full faith and credit of the United States is not pledged for the payment of any principal of or interest on any bond, note, or other obligation issued by a covered territory or covered territorial instrumentality. The United States is not responsible or liable for the payment of any principal of or interest on any bond, note, or other obligation issued by a covered territory or covered territorial instrumentality.
**(b) Subject to appropriations** Any claim to which the United States is determined to be liable under this chapter shall be subject to appropriations.
**(c) Funding** No Federal funds shall be authorized by this chapter for the payment of any liability of the territory or territorial instrumentality.
Source: Supplied U.S. Code snapshot — release unconfirmed · 48 U.S.C. § 2164
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Federal law — U.S. Code and appendices · legal_authorities
Page 375
TITLE 48—TERRITORIES AND INSULAR POSSESSIONS
§ 2194
(3) to alter, amend, or abrogate any provi-
sion of the Covenant To Establish a Common-
wealth of the Northern Mariana Islands in Po-
litical Union With the United States of Amer-
ica (48 U.S.C. 1801 et seq.); or
(4) to alter, amend, or abrogate the treaties
of cession regarding certain islands of Amer-
ican Samoa (48 U.S.C. 1661).
(Pub. L. 114–187, title IV, § 401, June 30, 2016, 130
Stat. 585.)
Editorial Notes
REFERENCES IN TEXT
This chapter, referred to in text, was in the original
‘‘this Act’’, meaning Pub. L. 114–187, June 30, 2016, 130
Stat. 549, known as the Puerto Rico Oversight, Manage-
ment, and Economic Stability Act and also as
PROMESA, which is classified principally to this chap-
ter. For complete classification of this Act to the Code,
see Short Title note set out under section 2101 of this
title and Tables.
The Covenant to Establish a Commonwealth of the
Northern Mariana Islands in Political Union with the
United States of America, referred to in par. (3), is con-
tained in section 1 of Pub. L. 94–241, set out as a note
under section 1801 of this title.
§ 2192. Right of Puerto Rico to determine its fu-
ture political status
Nothing in this chapter shall be interpreted to
restrict Puerto Rico’s right to determine its fu-
ture political status, including by conducting
the plebiscite as authorized by Public Law
113–76.
(Pub. L. 114–187, title IV, § 402, June 30, 2016, 130
Stat. 586.)
Editorial Notes
REFERENCES IN TEXT
This chapter, referred to in text, was in the original
‘‘this Act’’, meaning Pub. L. 114–187, June 30, 2016, 130
Stat. 549, known as the Puerto Rico Oversight, Manage-
ment, and Economic Stability Act and also as
PROMESA, which is classified principally to
Source: Supplied 2024 U.S. Code historical extraction · 48 U.S.C. § 2193
Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.