48 USC 2104 - Definitions

U.S Code last checked for updates: May 17, 2024

§ 2104.

Definitions

In this chapter—

(1)

Agreed accounting standards

(2)

Bond

(3)

Bond Claim

The term “Bond Claim” means, as it relates to a Bond—

(A)

right to payment, whether or not such right is reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured, or unsecured; or

(B)

right to an equitable remedy for breach of performance if such breach gives rise to a right to payment, whether or not such right to an equitable remedy is reduced to judgment, fixed, contingent, matured, unmatured, disputed, undisputed, secured, or unsecured.

(4)

Budget

(5)

Puerto Rico

(6)

Compliant budget

The term “compliant budget” means a budget that is prepared in accordance with—

(A)

agreed accounting standards; and

(B)

the applicable Fiscal Plan.

(7)

Covered territorial instrumentality

(8)

Covered territory

(9)

Executive Director

(10)

Fiscal Plan

(11)

Government of Puerto Rico

(12)

Governor

(13)

Instrumentality Budget

(14)

Instrumentality Fiscal Plan

(15)

Legislature

(16)

Modified accrual accounting standards

(17)

Oversight Board

(18)

Territorial government

(19)

Territorial instrumentality

(A)

In general

(B)

Exclusion

(20)

Territory

The term “territory” means—

(A)

Puerto Rico;

(B)

Guam;

(C)

American Samoa;

(D)

the Commonwealth of the Northern Mariana Islands; or

(E)

the United States Virgin Islands.

(21)

Territory Budget

(22)

Territory Fiscal Plan

(Pub. L. 114–187, § 5, June 30, 2016, 130 Stat. 551.)

cite as: 48 USC 2104