48 U.S.C. § 2149 Termination of Oversight Board

• Library: United States Statutes
• Edition: 2023
• Currency: Current through P.L. 118-34 (published on www.congress.gov on 12/26/2023), except for [P. L. 118-31]
• Year: 2023
• Citation: 48 U.S.C. § 2149

An Oversight Board shall terminate upon certification by the Oversight Board that-

(1) the applicable territorial government has adequate access to short-term and long-term credit markets at reasonable interest rates to meet the borrowing needs of the territorial government; and

(2) for at least 4 consecutive fiscal years-

(A) the territorial government has developed its Budgets in accordance with modified accrual accounting standards; and