Act No. 8330 (33rd Legislature) — An Act amending Title 29 Virgin Islands Code, Chapter 24 creating “The Matching Fund Securitization Corporation” to carry out the transactio
ACT NO. 8330 BILL NO. 33-0372 THIRTY-THIRD LEGISLATURE OF THE VIRGIN ISLANDS Special Session 2020 An Act amending Title 29 Virgin Islands Code, Chapter 24 creating “The Matching Fund Securitization Corporation” to carry out the transactions contemplated by Act No 8329 establishing the Corporation; ratifying the Amendments to the Agreement between the Cruzan VIRIL, Ltd. (“Cruzan”) and the Government dated as of October 6, 2009, as amended and supplemented, and the Amendments to the Agreement between Diageo USVI, Inc. and the Government dated as of June 17, 2008, as supplemented; and for other related purposes ---()--- WHEREAS, the Legislature of the Virgin Islands (“Legislature”) previously authorized the issuance of bonds, notes, or other evidences of indebtedness (as hereinafter defined as the “Existing PFA Bonds”) of the Government of the Virgin Islands (the “Government”) and/or the Virgin Islands Public Finance Authority (“PFA”) to provide funds to finance all or a portion of the costs of certain infrastructure and economic development projects to support the production of rum by …
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