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(Pub301) This section makes specified sections from the federal bankruptcy code applicable to this title and defines termsThe term "Expedited Permitting Process" means a Puerto Rico Agency's alternate procedures, conditions, and terms mirroring those established under Act 76 (3 L.P.R.A596.)Debt Adjustment: Title III of the Act creates its own provisions under which Puerto Rico itself or an instrumentality selected by the Oversight Board can file a case to reorganize its debts in a plan of adjustment2148

 

Upon a majority vote of the Oversight Board's full voting membership, the Oversight Board may conduct its business in an executive session that consists solely of the Oversight Board's voting members and any professionals the Oversight Board determines necessary and is closed to the public, but only for the business items set forth as part of the vote to convene an executive sessionAny vacancy in the Task Force shall be filled in the same manner as the original appointmentThe Oversight Board, after the issuance of a certification pursuant to section 2124(j) of this title, may modify the plan at any time before confirmation, but may not modify the plan so that the plan as modified fails to meet the requirements of this subchapter(j) Restructuring filingsNothing in this subchapter prevents a district court in the interests of justice from abstaining from hearing a particular proceeding arising in or related to a case under this subchapterThe SBA must develop and implement criteria and guidance on using a risk-based approach to requesting and verifying information from entities applying to be designated or recertified as qualified HUBZone small business concernsLAny claim to which the United States is determined to be liable under this chapter shall be subject to appropriations(1) any of the political or governmental powers of the debtor;(n) Purposes(b) Effect of approved Fiscal Plan on contracts, rules, and regulations(Pub(B) an assessment of the implementation of the criteria and guidance issued by issued by1 the Administrator of the Small Business Administration in accordance with paragraph (1);114–187, June 30, 2016, 130 Stat(m)(5), was in the original "this Act", meaning Pub 1aae551883

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