---
kind: "section"
citation: "48 U.S.C. § 2195"
title: "48"
title_heading: "Territories and Insular Possessions"
number: "2195"
heading: "Protection from inter-debtor transfers"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/48/2195"
units:
  - "Chapter 20 — Puerto Rico Oversight, Management, and Economic Stability"
  - "Subchapter IV — Miscellaneous Provisions"
---

# §2195. Protection from inter-debtor transfers

- (a) **Protection of creditors—** While an [Oversight Board](/usc/48/2104.md?p=17) for [Puerto Rico](/usc/48/2104.md?p=5) is in existence, if any property of any [territorial instrumentality](/usc/48/2104.md?p=19-A) of [Puerto Rico](/usc/48/2104.md?p=5) is transferred in violation of applicable law under which any creditor has a valid pledge of, security interest in, or lien on such property, or which deprives any such [territorial instrumentality](/usc/48/2104.md?p=19-A) of property in violation of applicable law assuring the transfer of such property to such [territorial instrumentality](/usc/48/2104.md?p=19-A) for the benefit of its creditors, then the transferee shall be liable for the value of such property.
- (b) **Enforceability—** A creditor may enforce rights under this section by bringing an action in the United States District Court for the District of [Puerto Rico](/usc/48/2104.md?p=5) after the expiration or lifting of the stay of [section 2194 of this title](/usc/48/2194.md), unless a stay under subchapter III is in effect.

## Source credit

(Pub. L. 114–187, title IV, § 407, June 30, 2016, 130 Stat. 592.)