Ley 10 del 1982
Resumen
Esta ley enmienda la Ley Núm. 14 de 1972 para establecer un tipo de interés máximo del 15% (y 12% a partir del 30 de junio de 1983) para los bonos, pagarés y otras obligaciones emitidas por el Estado Libre Asociado de Puerto Rico, sus municipios, subdivisiones políticas, corporaciones públicas e instrumentalidades.
Contenido
(P. de la C. 483)
Para enmendar el Artículo 1 de la Ley Núm. 14 de 17 de abril de 1972. según enmendada. a los efectos de fijar el quince por ciento ( 15% ) como el tipo de interés máximo a ser devengado por los bonos, pagarés y otras obligaciones del Estado Libre Asociado de Puerto Rico, sus municipios, las subdivisiones políticas de estos así como para las corporaciones públicas e instrumentalidades del Estado Libre Asociado de Puerto Rico y de sus municipios.
Decrétase por la Asamblea Legislativa de Puerto Rico:
Sección 1.- Se enmienda el Artículo 1 de la Ley Núm. 14 de 17 de abril de 1972, según enmendada, para que se lea como sigue:
"Artículo 1.-
Los bonos, pagarés y otras obligaciones a emitirse por el Estado Libre Asociado de Puerto Rico, los municipios de Puerto Rico, las subdivisiones políticas e instrumentalidades del Estado Libre Asociado de Puerto Rico, devengarán un tipo de interés o intereses que no excederá el quince por ciento ( 15% ) anual y los mismos no podrán venderse a un precio o precios menor de noventa y cinco por ciento ( 95% ) de su valor a la par. Disponiéndose, que el tipo de interés o intereses a que se refiere este Artículo no excederá del doce por ciento ( 12% ) en el caso de los bonos; pagarés y otras obligaciones emitidas después del 30 de junio de 1983."
Sección 2.- Esta Ley empezará a regir inmediatamente después de su aprobación. Las disposiciones contenidas en el Artículo 1 habrán de aplicar a las obligaciones emitidas a partir de la fecha de aprobación de esta ley y no afectarán las obligaciones ya contraídas por el Gobierno de Puerto Rico, sus instrumentalidades y sus municipalidades.
Presidente del Senado
CERTIFICO: que es copia fiel y Presidente de la esiginal aprobado y firmado por el Gobernador del Estado Libro Asociado de Puerto Rico el dia 12. de agn. de 1983
Secretaria Auxiliar de Estado de Pimito Rico
COMMONWEALTH OF PUERTO RICO
OFFICE OF LEGISLATIVE SERVICES
CAPITOL BUILDING
P.O. BOX 7986
SAN JUAN, PUERTO RICO 00904
August 27, 1982
Juan R. Melecio, Director of the Office of Legislative Services of the Legislature of Puerto Rico, hereby certifies to the Secretary of State that he has duly compared the English and Spanish texts of Act No. 10 (H. B. 483) of the 4th Special Session of the 9th Legislature of the Commonwealth of Puerto Rico, entitled:
AN ACT to amend Section 1 of Act No. 14 of April 17, 1972 as amended, to fix the maximum rate of interest of fifteen per cent ( 15% ) to bonds, promissory notes and other debentures of the Commonwealth of Puerto Rico, etc., and finds the same are complete, true and correct versions of each other.
(NO. 10) (Approved August 13, 1982)
AN ACT
To amend Section 1 of Act No. 14 of April 17, 1972 as amended, to fix the maximum rate of interest of fifteen per cent ( 15% ) to bonds, promissory notes, and other debentures of the Commonwealth of Puerto Rico, its municipalities, political subdivisions thereof, and the public corporations and instrumentalities of the Commonwealth of Puerto Rico and its municipalities.
BE IT ENACTED BY THE LEGISLATURE OF PUERTO RICO: Section 1.- Section 1 of Act No. 14 of April 17, 1972 as amended, is hereby amended to read as follows: "Section 1.- Bonds, promissory notes and other debentures to be issued by the Commonwealth of Puerto Rico, the municipalities of Puerto Rico, the political subdivisions thereof and instrumentalities of the Commonwealth of Puerto Rico, shall bear interest at a rate or rates that shall not exceed fifteen per cent ( 15% ) per annum, and the same may not be sold at a price or prices of less than ninety-five
per cent of its par value. Provided, that the interest rate or rates referred to herein shall not exceed twelve per cent ( 12% ) in the case of bonds, promissory notes and other debentures issued after June 30, 1983." Section 2.- This Act shall take effect immediately after its approval. The provisions contained in Section 1, shall apply to the obligations issued after the date of approval of this Act and shall not affect the obligations already contracted by the Government of Puerto Rico, its instrumentalities and municipalities.
COMMONWEALTH OF PUERTO RICO
OFFICE OF LEGISLATIVE SERVICES
CAPITOL BUILDING
P.O. BOX 1986
SAN JUAN, PUERTO RICO 00904
August 27, 1982
Juan R. Melecio, Director of the Office of Legislative Services of the Legislature of Puerto Rico, hereby certifies to the Secretary of State that he has duly compared the English and Spanish texts of Act No. 10 (H. B. 483) of the 4th Special Session of the 9th Legislature of the Commonwealth of Puerto Rico, entitled:
AN ACT to amend Section 1 of Act No. 14 of April 17, 1972 as amended, to fix the maximum rate of interest of fifteen per cent ( 15% ) to bonds, promissory notes and other debentures of the Commonwealth of Puerto Rico, etc., and finds the same are complete, true and correct versions of each other.
(H. B. 483) (No. 10) (Approved August 13, 1982)
AN ACT
To amend Section 1 of Act No. 14 of April 17, 1972 as amended, to fix the maximum rate of interest of fifteen per cent ( 15% ) to bonds, promissory notes, and other debentures of the Commonwealth of Puerto Rico, its municipalities, political subdivisions thereof, and the public corporations and instrumentalities of the Commonwealth of Puerto Rico and its municipalities.
BE IT ENACTED BY THE LEGISLATURE OF PUERTO RICO: Section 1.- Section 1 of Act No. 14 of April 17, 1972 as amended, is hereby amended to read as follows: "Section 1.- Bonds, promissory notes and other debentures to be issued by the Commonwealth of Puerto Rico, the municipalities of Puerto Rico, the political subdivisions thereof and instrumentalities of the Commonwealth of Puerto Rico, shall bear interest at a rate or rates that shall not exceed fifteen per cent ( 15% ) per annum, and the same may not be sold at a price or prices of less than ninety-five
per cent of its par value. Provided, that the interest rate or rates referred to herein shall not exceed twelve per cent ( 12% ) in the case of bonds, promissory notes and other debentures issued after June 30, 1983." Section 2.- This Act shall take effect immediately after its approval. The provisions contained in Section 1, shall apply to the obligations issued after the date of approval of this Act and shall not affect the obligations already contracted by the Government of Puerto Rico, its instrumentalities and municipalities.
DEPARTMENT OF STATE I DO HEREBY CERTIFY: That this is a true and correct copy of the original approved and signed by the Governor of the Commonwealth of Puerto Rico on August 13, 1982
As of date: November 15, 1982 Camilo LaPulina Assistant Secretary of State