P.R. Laws tit. 11, § 30d
All obligations of the Government of the United States or its states or subdivisions, or any other investments originated within the limits of the United States and Puerto Rico owned by the Corporation shall be placed under the custody of a special depository who provides the proper security and who is within the limits of the Continental United States and/or in Puerto Rico. Debt instruments issued and originated in Puerto Rico shall be kept under custody by the Administrator, with the understanding that all or any of said securities may be conveyed to the custodian agent of the Corporation in the Continental United States or in Puerto Rico, in case the Board determines that such a transfer is desirable or necessary. The designation of one or more custodian banks shall need the approval of the Board.
History —Apr. 18, 1935, No. 45, p. 250, added as § 29D Oct. 29, 1992, No. 83, § 3; renumbered as § 27D on July 1, 1996, No. 63, § 3.