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§2162. Who may be a debtor

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Latest NOW As originally enacted Jun 30, 2016
· Cited by 1 provision

48 U.S.C. § 2162

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)
(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.
Notes, amendments, and revision history

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