48 USC § 914 - Issuance of bonds and obligations
---
identifier: "/us/usc/t48/s914"
source: "usc"
legal_status: "official_prima_facie"
title: "48 USC § 914 - Issuance of bonds and obligations"
title_number: 48
title_name: "TERRITORIES AND INSULAR POSSESSIONS"
section_number: "914"
section_name: "Issuance of bonds and obligations"
chapter_number: 4
chapter_name: "PUERTO RICO"
subchapter_number: "VII"
subchapter_name: "LOW RENT HOUSING PROJECTS AND ELIMINATION OF SUB-STANDARD HOUSING"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(June 25, 1938, ch. 703, § 4, 52 Stat. 1203.)"
---
# § 914. Issuance of bonds and obligations
The legislature may authorize such authorities to issue bonds or other obligations with such security as the legislature may provide and may provide for the disposition of the proceeds of such bonds and all receipts and revenues of such authorities.
---
**Source Credit**: (June 25, 1938, ch. 703, § 4, 52 Stat. 1203.)
## Editorial Notes
### Codification
Section was not enacted as part of the Puerto Rican Federal Relations Act which comprises this chapter.