48 U.S.C. § 2162 — Who may be a debtor

FEDERAL · 48 U.S.C. · Chapter SUBCHAPTER III—ADJUSTMENTS OF DEBTS

Who may be a debtor

48 U.S.C. § 2162

Title48 — Territories and Insular Possessions

ChapterSUBCHAPTER III—ADJUSTMENTS OF DEBTS

This text of 48 U.S.C. § 2162 (Who may be a debtor) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

48 U.S.C. § 2162.

Text

An entity may be a debtor under this subchapter if—

(1)the entity is—

(A)a territory that has requested the establishment of an Oversight Board or has had an Oversight Board established for it by the United States Congress in accordance with section 2121 of this title; or

(B)a covered territorial instrumentality of a territory described in paragraph (1)(A);

(2)the Oversight Board has issued a certification under section 2146(b) of this title for such entity; and

(3)the entity desires to effect a plan to adjust its debts.

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An entity may be a debtor under this subchapter if—
(1) the entity is—
(A) a territory that has requested the establishment of an Oversight Board or has had an Oversight Board established for it by the United States Congress in accordance with section 2121 of this title; or
(B) a covered territorial instrumentality of a territory described in paragraph (1)(A);
(2) the Oversight Board has issued a certification under section 2146(b) of this title for such entity; and
(3) the entity desires to effect a plan to adjust its debts.

Source Credit

History

(Pub. L. 114–187, title III, §302, June 30, 2016, 130 Stat. 579.)

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Bluebook (online)

48 U.S.C. § 2162, Counsel Stack Legal Research, https://law.counselstack.com/usc/48/2162.

Text

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Source Credit

History

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