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https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-79/1625/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 79 - Commercial Deposit (§§ 1621 — 1628)›§ 1625 - Increase or reduction when deposit of cash | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 79 - Commercial Deposit (§§ 1621 — 1628) › § 1625 - Increase or reduction when deposit of cash | When the deposits consist of cash with a specification of the currency constituting the same, or when they are delivered, sealed, or closed, the increase or reduction in value suffered by the same shall be for the account of the depositor.
The risks of such deposits shall be run by the depositary, and he shall also be ... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-79/1626/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 79 - Commercial Deposit (§§ 1621 — 1628)›§ 1626 - Collection of interest | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 79 - Commercial Deposit (§§ 1621 — 1628) › § 1626 - Collection of interest | The depositaries of bonds, securities, certificates or instruments bearing interest, unless there is an agreement to the contrary, shall collect the interest when due, and shall take all such steps as may be necessary to preserve the value and the rights corresponding to said deposited property under the law.
History —... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-79/1627/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 79 - Commercial Deposit (§§ 1621 — 1628)›§ 1627 - Effect of disposal of deposit | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 79 - Commercial Deposit (§§ 1621 — 1628) › § 1627 - Effect of disposal of deposit | Whenever, with the consent of the depositor, the depositary disposes of the articles on deposit either for himself or for his business, or for transactions intrusted to him by the former, the rights and obligations of the depositary and of the depositor shall cease, and the rules and provisions applicable to the commer... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-79/1628/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 79 - Commercial Deposit (§§ 1621 — 1628)›§ 1628 - Deposits with banks, warehouses, etc | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 79 - Commercial Deposit (§§ 1621 — 1628) › § 1628 - Deposits with banks, warehouses, etc | Deposits made with banks and with corporations or individuals owning warehouses, shall be governed, in the first place, by the provisions of the bank and warehouse laws, respectively; secondly, by the provisions of this Code; and lastly, by such rules of the common law as may be applicable to deposits in general.
Histo... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-81/subchapter-i/1651/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 81 - Commercial Loans (§§ 1651 — 1675)›Subchapter I - Commercial Loans (§§ 1651 — 1659)›§ 1651 - Conditi... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 81 - Commercial Loans (§§ 1651 — 1675) › Subchapter I - Commercial Loans (§§ 1651 — 1659) › § 1651 - Conditions | A loan shall be considered commercial when the following conditions are present:
(1) That one of the contracting parties is a merchant.
(2) When the articles loaned are destined to commercial transactions.
History —Commerce Code, 1932, § 229. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-81/subchapter-i/1652/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 81 - Commercial Loans (§§ 1651 — 1675)›Subchapter I - Commercial Loans (§§ 1651 — 1659)›§ 1652 - Repayme... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 81 - Commercial Loans (§§ 1651 — 1675) › Subchapter I - Commercial Loans (§§ 1651 — 1659) › § 1652 - Repayment of loan of money | If the loan consists of money, the debtor shall pay it by returning an amount equal to that received, in accordance with the legal value the money may have at the time of return, unless there was an agreement with regard to the kind of money in which the payment was to be made, in which case the fluctuations in value s... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-81/subchapter-i/1653/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 81 - Commercial Loans (§§ 1651 — 1675)›Subchapter I - Commercial Loans (§§ 1651 — 1659)›§ 1653 - Payment... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 81 - Commercial Loans (§§ 1651 — 1675) › Subchapter I - Commercial Loans (§§ 1651 — 1659) › § 1653 - Payment of loan for indefinite period | In loans for an indefinite period, or in which no due time has been fixed, payment cannot be demanded of the debtor until thirty days have elapsed, to be counted from the date of the notarial demand which may have been made.
History —Commerce Code, 1932, § 231. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-81/subchapter-i/1654/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 81 - Commercial Loans (§§ 1651 — 1675)›Subchapter I - Commercial Loans (§§ 1651 — 1659)›§ 1654 - Interes... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 81 - Commercial Loans (§§ 1651 — 1675) › Subchapter I - Commercial Loans (§§ 1651 — 1659) › § 1654 - Interest on loans | Loans shall not draw any interest unless there is an agreement in writing to that effect.
History —Commerce Code, 1932, § 232. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-81/subchapter-i/1655/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 81 - Commercial Loans (§§ 1651 — 1675)›Subchapter I - Commercial Loans (§§ 1651 — 1659)›§ 1655 - Rate of... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 81 - Commercial Loans (§§ 1651 — 1675) › Subchapter I - Commercial Loans (§§ 1651 — 1659) › § 1655 - Rate of interest | Interest on loans may be agreed upon within the limitations established by law. Bottomry and respondentia contracts are excepted from this provision. In such contracts there shall be no limitation as regards interest.
Any charge agreed upon in favor of the creditor shall be considered as interest.
History —Commerce Cod... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-81/subchapter-i/1656/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 81 - Commercial Loans (§§ 1651 — 1675)›Subchapter I - Commercial Loans (§§ 1651 — 1659)›§ 1656 - Interes... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 81 - Commercial Loans (§§ 1651 — 1675) › Subchapter I - Commercial Loans (§§ 1651 — 1659) › § 1656 - Interest on delay | Debtors who delay the payment of their debts after the same have fallen due, must pay, from the day following that on which it became due, the interest agreed upon in such case, or in the absence of such agreement, the legal interest.
If the loan is in kind, in order to compute the interest, its value shall be graduate... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-81/subchapter-i/1657/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 81 - Commercial Loans (§§ 1651 — 1675)›Subchapter I - Commercial Loans (§§ 1651 — 1659)›§ 1657 - Interes... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 81 - Commercial Loans (§§ 1651 — 1675) › Subchapter I - Commercial Loans (§§ 1651 — 1659) › § 1657 - Interest on interest | Interest which has fallen due and has not been paid shall not earn interest. The contracting parties may, however, capitalize the net interest which has not been paid, which, as new principal, shall earn interest.
History —Commerce Code, 1932, § 235. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-81/subchapter-i/1658/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 81 - Commercial Loans (§§ 1651 — 1675)›Subchapter I - Commercial Loans (§§ 1651 — 1659)›§ 1658 - Effect ... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 81 - Commercial Loans (§§ 1651 — 1675) › Subchapter I - Commercial Loans (§§ 1651 — 1659) › § 1658 - Effect of receipt of principal by creditor as regar... | The receipt of the principal by the creditor without an express reservation of the right to the interest agreed upon or due shall extinguish the obligation of the debtor with regard to the same.
Payments on account, when there is no express stipulation with regard to their application, shall first be applied to the pay... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-81/subchapter-i/1659/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 81 - Commercial Loans (§§ 1651 — 1675)›Subchapter I - Commercial Loans (§§ 1651 — 1659)›§ 1659 - Additio... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 81 - Commercial Loans (§§ 1651 — 1675) › Subchapter I - Commercial Loans (§§ 1651 — 1659) › § 1659 - Addition of interest after action brought | After an action has been brought the accrued interest cannot be added to the principal for the purpose of demanding greater interest.
History —Commerce Code, 1932, § 237. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-81/subchapter-ii/1671/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 81 - Commercial Loans (§§ 1651 — 1675)›Subchapter II - Loans Guaranteed by Public Securities (§§ 1671 — ... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 81 - Commercial Loans (§§ 1651 — 1675) › Subchapter II - Loans Guaranteed by Public Securities (§§ 1671 — 1675) › § 1671 - Loans secured by collateral | A loan with a guaranty of securities quoted on exchange, contained in an instrument with the intermediation of licensed agents, shall always be considered commercial.
The lender shall have, on the public bonds or securities pledged in accordance with the provisions of this section, a right to collect his credit with pr... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-81/subchapter-ii/1672/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 81 - Commercial Loans (§§ 1651 — 1675)›Subchapter II - Loans Guaranteed by Public Securities (§§ 1671 — ... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 81 - Commercial Loans (§§ 1651 — 1675) › Subchapter II - Loans Guaranteed by Public Securities (§§ 1671 — 1675) › § 1672 - Rights of preference | The rights of preference, treated of in § 1671 of this title, shall only be had on the same securities which constituted the guaranty; for which purpose, if said guaranty consisted of instruments payable to bearer, their numbers shall be stated in the instrument constituting the contract, and if it consists of stock or... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-81/subchapter-ii/1673/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 81 - Commercial Loans (§§ 1651 — 1675)›Subchapter II - Loans Guaranteed by Public Securities (§§ 1671 — ... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 81 - Commercial Loans (§§ 1651 — 1675) › Subchapter II - Loans Guaranteed by Public Securities (§§ 1671 — 1675) › § 1673 - Deposit of securities | At the will of the persons interested instead of the numeration of securities payable to bearer, they may be deposited in the public establishment determined in the exchange regulations.
History —Commerce Code, 1932, § 240. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-81/subchapter-ii/1674/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 81 - Commercial Loans (§§ 1651 — 1675)›Subchapter II - Loans Guaranteed by Public Securities (§§ 1671 — ... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 81 - Commercial Loans (§§ 1651 — 1675) › Subchapter II - Loans Guaranteed by Public Securities (§§ 1671 — 1675) › § 1674 - Sale of securities, when | After the period for which the loan was contracted has expired, the creditor, unless there was an agreement to the contrary, and without necessity of notifying the debtor, shall be authorized to request the alienation of the securities, for which purpose he shall present them, with the instrument constituting the loan,... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-81/subchapter-ii/1675/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 81 - Commercial Loans (§§ 1651 — 1675)›Subchapter II - Loans Guaranteed by Public Securities (§§ 1671 — ... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 81 - Commercial Loans (§§ 1651 — 1675) › Subchapter II - Loans Guaranteed by Public Securities (§§ 1671 — 1675) › § 1675 - When securities to be returne... | Securities which are quoted on exchange, payable to bearer, pledged in the manner fixed in the foregoing sections, shall not be subject to return until the lender has been reimbursed, without prejudice to the rights and actions of the dispossessed owner against the persons liable according to the laws, for the acts by ... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-83/subchapter-i/1701/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742)›S... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742) › Subchapter I - Purchase and Sale (§§ 1701 — 172... | A purchase and sale of personal property for the purpose of resale, either in the form purchased or in a different form, for the purpose of deriving profit in the resale, shall be considered commercial.
History —Commerce Code, 1932, § 243. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-83/subchapter-i/1702/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742)›S... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742) › Subchapter I - Purchase and Sale (§§ 1701 — 172... | The following cannot be considered commercial:
(1) The purpose of goods destined for the consumption of the purchaser or of the person for whom they are bought.
(2) Sales made by owners and by farmers or cattlemen of the fruits or products of their crops or cattle, or of the goods in which their rents are paid them.
(3... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-83/subchapter-i/1703/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742)›S... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742) › Subchapter I - Purchase and Sale (§§ 1701 — 172... | If a sale is made by samples or by fixed quality known to commerce, the purchaser shall not refuse to receive the goods contracted for, provided they conform to the sample or to the quality previously stated in the contract.
In case the purchaser refuses to receive said goods, experts shall be appointed by the parties,... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-83/subchapter-i/1704/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742)›S... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742) › Subchapter I - Purchase and Sale (§§ 1701 — 172... | In the purchase of unseen goods or goods that cannot be classified according to a fixed quality known to commerce, it shall be understood that the purchaser reserves the privilege of examining such goods and of freely rescinding the contract if the goods do not suit him.
The purchaser shall also have the right to resci... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-83/subchapter-i/1705/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742)›S... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742) › Subchapter I - Purchase and Sale (§§ 1701 — 172... | If the vendor does not deliver the goods sold at the time stipulated, the purchaser may request the fulfillment or the rescission of the contract, with damages in either case for the loss he may have suffered by reason of the delay.
History —Commerce Code, 1932, § 247. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-83/subchapter-i/1706/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742)›S... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742) › Subchapter I - Purchase and Sale (§§ 1701 — 172... | In contracts in which the delivery of a certain amount of merchandise is stipulated within a certain time, the purchaser shall not be obliged to receive part of said amount even on the promise of delivering the balance; but if he accepts the partial delivery the sale shall be consummated with regard to the goods receiv... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-83/subchapter-i/1707/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742)›S... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742) › Subchapter I - Purchase and Sale (§§ 1701 — 172... | The loss or impairment of the goods before their delivery, on account of unforeseen accidents or without the fault of the vendor, shall entitle the purchaser to rescind the contract, unless the vendor has constituted himself the depositary of the merchandise, in accordance with § 1715 of this title, in which case his l... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-83/subchapter-i/1708/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742)›S... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742) › Subchapter I - Purchase and Sale (§§ 1701 — 172... | If the purchaser refuses without just cause to receive the goods bought, the vendor may demand the fulfillment or rescission of the contract, depositing the merchandise in court in the first case.
The same judicial deposit may be made by the vendor whenever the purchaser delays in taking charge of the merchandise.
The ... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-83/subchapter-i/1709/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742)›S... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742) › Subchapter I - Purchase and Sale (§§ 1701 — 172... | The damages and impairment suffered by merchandise after the contract has been consummated and the vendor has the goods at the disposal of the purchaser in the place and at the time agreed upon, shall be suffered by the purchaser, except in cases of carelessness or negligence on the part of the vendor.
History —Commerc... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-83/subchapter-i/1710/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742)›S... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742) › Subchapter I - Purchase and Sale (§§ 1701 — 172... | The damages and impairment suffered by merchandise, even though it be by reason of an accidental case, shall be for the account of the vendor in the following cases:
(1) If the sale took place by number, weight, or measure, or if the article sold is not fixed and determined, with marks and signs which identify it.
(2) ... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-83/subchapter-i/1711/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742)›S... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742) › Subchapter I - Purchase and Sale (§§ 1701 — 172... | If the merchandise sold should perish or deteriorate and said loss is to be suffered by the vendor, he shall return to the purchaser the amount of the price he may have received.
History —Commerce Code, 1932, § 253. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-83/subchapter-i/1712/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742)›S... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742) › Subchapter I - Purchase and Sale (§§ 1701 — 172... | A purchaser who, at the time of receiving the merchandise carefully examines the same, shall have no right of action against the vendor, alleging a defect in the quantity or quality of the merchandise.
A purchaser shall have a right of action against vendor for defects in the quantity or quality of merchandise received... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-83/subchapter-i/1713/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742)›S... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742) › Subchapter I - Purchase and Sale (§§ 1701 — 172... | If the period for the delivery of the merchandise sold has not been stipulated, the vendor must have it at the disposal of the purchaser within twenty-four hours after the contract is made.
History —Commerce Code, 1932, § 255. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-83/subchapter-i/1714/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742)›S... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742) › Subchapter I - Purchase and Sale (§§ 1701 — 172... | The expenses of the delivery of merchandise in commercial sales shall be defrayed by the vendor until the merchandise is placed at the disposal of the purchaser, weighed or measured, unless there is an agreement to the contrary.
The expenses arising from the receipt and removal of the merchandise from the place of deli... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-83/subchapter-i/1715/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742)›S... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742) › Subchapter I - Purchase and Sale (§§ 1701 — 172... | After the merchandise sold has been placed at the disposal of the purchaser and after the latter has stated his satisfaction, or if the merchandise is judicially deposited in the case foreseen in § 1708 of this title, the obligation of the purchaser to pay the price of the same in cash or at the periods agreed upon wit... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-83/subchapter-i/1716/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742)›S... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742) › Subchapter I - Purchase and Sale (§§ 1701 — 172... | During the time the articles sold are in the possession of the vendor, even though they be in the capacity of deposit, he shall have preference over any other creditor to obtain the payment of the price with the interest arising from the delay.
History —Commerce Code, 1932, § 258. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-83/subchapter-i/1717/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742)›S... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742) › Subchapter I - Purchase and Sale (§§ 1701 — 172... | Delay in payment for the article purchased shall obligate the purchaser to pay the legal rate of interest on the amount he owes the vendor.
History —Commerce Code, 1932, § 259. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-83/subchapter-i/1718/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742)›S... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742) › Subchapter I - Purchase and Sale (§§ 1701 — 172... | A purchaser who has not made any claim based on the inherent defects in the article sold, within the thirty days following its delivery, shall lose all rights of action against the vendor for such defects.
—Commerce Code, 1932, § 260.
History |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-83/subchapter-i/1719/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742)›S... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742) › Subchapter I - Purchase and Sale (§§ 1701 — 172... | The amounts which, by way of guaranty are delivered in commercial sales shall always be considered as paid on account of the price and as a proof of the ratification of the contract, unless there is an agreement to the contrary.
History —Commerce Code, 1932, § 261. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-83/subchapter-i/1720/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742)›S... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742) › Subchapter I - Purchase and Sale (§§ 1701 — 172... | The alienation of a commercial establishment or of the whole or greater part of its stock, sold in a lump to one or several persons on the same day or within one month, shall be presumed fraudulent, provided such alienation is made gratuitously or for half or less than half of the market price, or to a creditor or cred... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-83/subchapter-i/1721/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742)›S... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742) › Subchapter I - Purchase and Sale (§§ 1701 — 172... | In all commercial sales the vendor shall be obliged to legally defend the title to the articles sold to the purchaser, and to indemnify him for any loss he may suffer by being disturbed in his possession of the same.
History —Commerce Code, 1932, § 263. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-83/subchapter-ii/1731/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742)›S... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742) › Subchapter II - Exchange (§ 1731) › § 1731 - Ex... | Commercial exchanges of goods shall be governed by the same rules as are prescribed in this title for purchase and sale, insofar as they are applicable to the circumstances and conditions of said contracts.
History —Commerce Code, 1932, § 264. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-83/subchapter-iii/1741/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742)›S... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742) › Subchapter III - Transfer of Nonnegotiable Cred... | Commercial credits, which are not negotiable nor payable to the bearer, may be transferred by the creditor without requiring the consent of the debtor, it being sufficient that the transfer be communicated to him.
The debtor shall be obligated to the new creditor by virtue of the notification, and from the time said tr... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-83/subchapter-iii/1742/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742)›S... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 83 - Commercial Purchase and Sale and Exchange, and Transfer of Nonnegotiable Credits (§§ 1701 — 1742) › Subchapter III - Transfer of Nonnegotiable Cred... | The conveyor shall answer for the legality of the credit and for the capacity in which he made the transfer; but he shall not answer for the solvency of the debtor, unless there is an express agreement requiring him to do so.
History —Commerce Code, 1932, § 266. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-85/1771/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801)›§ 1771 - When commercial | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801) › § 1771 - When commercial | A contract for all kinds of transportation overland or by river shall be considered commercial:
(1) When it involves merchandise or any commercial goods.
(2) When, no matter what his object may be, the carrier is a merchant or is customarily engaged in transporting goods for the public.
History —Commerce Code, 1932, § ... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-85/1777/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801)›§ 1777 - Beginning of liability of... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801) › § 1777 - Beginning of liability of carrier | The liability of the carrier shall begin from the moment he receives the merchandise, in person or through a person intrusted thereto in the place indicated for their reception.
History —Commerce Code, 1932, § 273. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-85/1778/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801)›§ 1778 - Refusal to accept package... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801) › § 1778 - Refusal to accept packages | Carriers may refuse to accept packages which appear unfit for transportation; but should the shipper in writing and under his signature, insist on the shipment, the carrier shall carry the goods, free from responsibility on account of such defect, provided reference is made in the bill of lading to the condition of the... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-85/1779/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801)›§ 1779 - Examination of packages | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801) › § 1779 - Examination of packages | If the carrier by reason of well-founded suspicions as to the correctness of the declaration of the contents of a package should determine to examine it, he shall do so before witnesses, in the presence of the shipper or of the consignee.
If the shipper or consignee to be cited should not appear, the examination shall ... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-85/1780/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801)›§ 1780 - Time of delivery | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801) › § 1780 - Time of delivery | Should no period within which goods are to be delivered be previously fixed, the carrier shall be under the obligation to forward them in the first shipment of the same or similar merchandise which he may make to the point of delivery; and should he not do so, the damages occasioned by the delay shall be suffered by hi... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-85/1783/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801)›§ 1783 - Risk on merchandise trans... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801) › § 1783 - Risk on merchandise transported | Merchandise shall be transported at the risk of the shipper, unless the contrary was expressly stipulated.
Therefore, all damages and impairment suffered by the goods in transportation, by reason of accident, force majeure, or by virtue of the nature or defect of the articles, shall be for the account and risk of the s... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-85/1784/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801)›§ 1784 - Liability of carrier for ... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801) › § 1784 - Liability of carrier for damages | The carrier, however, shall be liable for the losses and damages arising from the causes mentioned in the foregoing section if it is proved that they occurred on account of his negligence or because he did not take the precautions usually adopted by careful persons, unless the shipper committed fraud in the bill of lad... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-85/1785/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801)›§ 1785 - Condition in which mercha... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801) › § 1785 - Condition in which merchandise to be delivered | With the exception of the cases prescribed in the second paragraph of § 1783 of this title, the carrier shall be obliged to deliver the goods transported in the same condition in which, according to the bill of lading, they were at the time of their receipt, without any detriment or impairment, and should he not do so,... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-85/1786/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801)›§ 1786 - Liability of carrier for ... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801) › § 1786 - Liability of carrier for partial damages | If the effect of the averages referred to in § 1783 of this title should be only a reduction in the value of the goods, the obligation of the carrier shall be reduced to the payment of the amount of said reduction in value, after appraisal by experts.
History —Commerce Code, 1932, § 282. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-85/1787/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801)›§ 1787 - Abandonment of goods to c... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801) › § 1787 - Abandonment of goods to carrier; when there are some goods in good cond... | If, on account of the averages, the goods are rendered useless for purposes of sale or consumption in the manner proper to the same the consignee shall not be bound to receive them, and may leave them in the hands of the carrier, demanding payment therefor at current market prices.
If among the goods damaged there shou... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-85/1788/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801)›§ 1788 - Time for filing claims on... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801) › § 1788 - Time for filing claims on account of damages | Within the twenty-four hours following the receipt of the merchandise a claim may be brought against the carrier on account of damage or average found therein on opening the packages, provided that the indications of the damage or average giving rise to the claim cannot be ascertained from the exterior of said packages... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-85/1789/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801)›§ 1789 - Settlement of disputes as... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801) › § 1789 - Settlement of disputes as to condition of goods on delivery | If doubts and disputes should occur between the consignee and the carrier with regard to the condition of goods transported at the time of their delivery to the former, the goods shall be examined by experts appointed by the parties, and a third one, in case of disagreement, appointed by judicial authority, the result ... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-85/1790/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801)›§ 1790 - Delivery to consignee | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801) › § 1790 - Delivery to consignee | The carrier must deliver to the consignee without any delay or difficulty the merchandise received by him, by reason of the mere fact of being designated in the bill of lading to receive it; and should the carrier not do so he shall be liable for the damages which may arise therefrom.
History —Commerce Code, 1932, § 28... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-85/1791/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801)›§ 1791 - When deposit of goods lie... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801) › § 1791 - When deposit of goods lies | Should the consignee not be at the domicile indicated in the bill of lading, or should refuse to pay the transportation charges and expenses, or to receive the goods, the deposit of said goods shall be ordered by the district judge, where there is no judge of first instance, to be placed at the disposal of the shipper ... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-85/1792/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801)›§ 1792 - Delivery when time fixed | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801) › § 1792 - Delivery when time fixed | If a period has been fixed for the delivery of the goods, it must be made within the same, and otherwise the carrier shall pay the indemnity agreed upon in the bill of lading, neither the shipper nor the consignee being entitled to anything else.
Should no indemnity have been agreed upon and the delay exceeds the time ... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-85/1793/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801)›§ 1793 - Effect of delay in delive... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801) › § 1793 - Effect of delay in delivery through fault of carrier | In cases of delay on account of the fault of the carrier, referred to in the foregoing sections, the consignee may leave the goods transported in the hands of the carrier, informing him thereof in writing before the arrival thereof at the point of destination.
When this abandonment occurs, the carrier shall satisfy the... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-85/1794/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801)›§ 1794 - Determination of amount p... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801) › § 1794 - Determination of amount payable by carriers in case of loss of merchand... | The value of the goods which the carrier must pay in case of their being lost or mislaid shall be fixed in accordance with the declaration contained in the bill of lading, no proofs being allowed on the part of the shipper that there were among the goods declared therein articles of greater value, and money.
Horses, ve... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-85/1795/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801)›§ 1795 - Obligations of carriers w... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801) › § 1795 - Obligations of carriers when several combined | A carrier who delivers merchandise to a consignee by virtue of agreements or combined services with other carriers shall assume the obligations of the carriers who preceded him, reserving his right to proceed against the latter if he should not be directly responsible for the fault which gives rise to the claim of the ... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-85/1799/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801)›§ 1799 - Liability of carrier for ... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801) › § 1799 - Liability of carrier for failure to observe prescribed formalities | The carrier shall be liable for all the consequences of noncompliance on his part with the formalities prescribed by the laws and regulations of the public administration during the entire course of the trip and on the arrival at the point of destination, except when his omission arises from his having been led into er... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-85/1801/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801)›§ 1801 - Extension of provisions t... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 85 - Commercial Contract for Overland Transportation (§§ 1771 — 1801) › § 1801 - Extension of provisions to contractors for transportation | The provisions contained in § 1771 of this title shall also be understood as relating to persons who, although they do not personally effect the transportation of commercial goods, contract to do so through others, either as contractors for a special and fixed transaction or as freight and transportation agents.
In eit... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-87/1821/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 87 - Commercial Guaranties (§§ 1821 — 1824)›§ 1821 - Commercial guaranties | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 87 - Commercial Guaranties (§§ 1821 — 1824) › § 1821 - Commercial guaranties | All guaranties the purpose of which so to insure the fulfilment of a commercial contract shall be considered commercial, even though the guarantor is not a merchant.
History —Commerce Code, 1932, § 349. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-87/1822/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 87 - Commercial Guaranties (§§ 1821 — 1824)›§ 1822 - Must be in writing | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 87 - Commercial Guaranties (§§ 1821 — 1824) › § 1822 - Must be in writing | The commercial guaranty must be reduced to writing, otherwise it shall be null and void.
History —Commerce Code, 1932, § 350. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-87/1823/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 87 - Commercial Guaranties (§§ 1821 — 1824)›§ 1823 - When gratuitous | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 87 - Commercial Guaranties (§§ 1821 — 1824) › § 1823 - When gratuitous | A commercial guaranty shall be gratuitous, unless there is an agreement to the contrary.
History —Commerce Code, 1932, § 351. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-87/1824/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 87 - Commercial Guaranties (§§ 1821 — 1824)›§ 1824 - Term of guaranty | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 87 - Commercial Guaranties (§§ 1821 — 1824) › § 1824 - Term of guaranty | In contracts for an indefinite period, if it has been agreed to give the guarantor compensation, the guaranty shall continue in force until, by reason of the complete termination of the principal contract which is secured, the obligations arising therefrom are canceled, no matter what their duration may be, unless a fi... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-91/1861/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 91 - Limited Responsibility Partnerships Act (§§ 1861 — 1867)›§ 1861 - Definitions | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 91 - Limited Responsibility Partnerships Act (§§ 1861 — 1867) › § 1861 - Definitions | For the purposes of this chapter, the following terms and phrases shall have the meaning stated below:
(a) Professional service. — Means any type of professional service offered to the public, for which the obtention of a license or other legal authorization is required as a prior condition to the rendering of the serv... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-91/1862/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 91 - Limited Responsibility Partnerships Act (§§ 1861 — 1867)›§ 1862 - Registry; domestic and foreign | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 91 - Limited Responsibility Partnerships Act (§§ 1861 — 1867) › § 1862 - Registry; domestic and foreign | (a) In order to be covered by the protection granted in § 1867 of this title, the limited liability partnership shall submit to the Secretary of State a certified copy of the partnership’s corporate charter, stating the name of the partnership, the address of the main office, the name and address of the managing partne... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-91/1863/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 91 - Limited Responsibility Partnerships Act (§§ 1861 — 1867)›§ 1863 - Name | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 91 - Limited Responsibility Partnerships Act (§§ 1861 — 1867) › § 1863 - Name | The name of any limited liability partnership, whether domestic or foreign, shall include the words sociedad de responsabilidad limitada or “limited liability partnership”, or the acronyms “S.R.L.” or “SRL” or “L.L.P.” or “LLP” at the end of its name.
History —Aug. 20, 1996, No. 154, § 4. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-91/1864/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 91 - Limited Responsibility Partnerships Act (§§ 1861 — 1867)›§ 1864 - Applicable legal provisions | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 91 - Limited Responsibility Partnerships Act (§§ 1861 — 1867) › § 1864 - Applicable legal provisions | A limited liability partnership is a partnership as defined in § 4311 of Title 31. The provisions of Subtitle 4 of Part VIII of the Title 31 apply to limited liability partnerships, in the measure that they are not incompatible with the provisions of this chapter. Upon expiration of the term to renew the registration, ... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-91/1865/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 91 - Limited Responsibility Partnerships Act (§§ 1861 — 1867)›§ 1865 - Application of this chapter to in... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 91 - Limited Responsibility Partnerships Act (§§ 1861 — 1867) › § 1865 - Application of this chapter to interstate and international trade | A limited liability partnership shall also have the capacity to act as such in any state, territory, district or possession of the United States of America or in any foreign country, provided the laws thereof authorize it.
The internal affairs of limited liability partnerships, and the liability of their partners for e... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-91/1866/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 91 - Limited Responsibility Partnerships Act (§§ 1861 — 1867)›§ 1866 - Eligibility | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 91 - Limited Responsibility Partnerships Act (§§ 1861 — 1867) › § 1866 - Eligibility | Limited liability partnerships or foreign limited liability partnerships can offer all kinds of professional services. The partners of a limited liability partnership or of a foreign limited liability partnership who render professional services in Puerto Rico shall be duly authorized to render such professional servic... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-ii/chapter-91/1867/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART II - Commercial Contracts (§§ 1301 — 1867)›Chapter 91 - Limited Responsibility Partnerships Act (§§ 1861 — 1867)›§ 1867 - Liability | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART II - Commercial Contracts (§§ 1301 — 1867) › Chapter 91 - Limited Responsibility Partnerships Act (§§ 1861 — 1867) › § 1867 - Liability | One partner of a limited liability partnership created under the Limited Liability Partnership Act shall not be liable with his/her personal assets beyond his/her contribution thereto for the debts and obligations of the partnership or of any other partner or partners that arise as a result of an error, omission, negli... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-iii/chapter-101/1901/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART III - Prescription (§§ 1901 — 1912)›Chapter 101 - Prescription Generally (§§ 1901 — 1912)›§ 1901 - Prescription, terms cannot be extended | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART III - Prescription (§§ 1901 — 1912) › Chapter 101 - Prescription Generally (§§ 1901 — 1912) › § 1901 - Prescription, terms cannot be extended | The periods fixed in this Code for bringing the actions arising from commercial contracts, cannot be extended and are without recourse.
History —Commerce Code, 1932, § 939. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-iii/chapter-101/1902/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART III - Prescription (§§ 1901 — 1912)›Chapter 101 - Prescription Generally (§§ 1901 — 1912)›§ 1902 - Provisions when terms not fixed | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART III - Prescription (§§ 1901 — 1912) › Chapter 101 - Prescription Generally (§§ 1901 — 1912) › § 1902 - Provisions when terms not fixed | The actions that by virtue of this Code do not have a fixed term to be elucidated in a trial, shall prescribe after five (5) years.
History —Commerce Code, 1932, § 940; Nov. 9, 1998, No. 272, § 1. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-iii/chapter-101/1903/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART III - Prescription (§§ 1901 — 1912)›Chapter 101 - Prescription Generally (§§ 1901 — 1912)›§ 1903 - Interruption of prescription | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART III - Prescription (§§ 1901 — 1912) › Chapter 101 - Prescription Generally (§§ 1901 — 1912) › § 1903 - Interruption of prescription | Prescription shall be interrupted by suit or any judicial proceeding brought against the debtor, by the acknowledgment of the obligations, or by the renewal of the instrument on which the right of the creditor is based.
Prescription shall be considered uninterrupted by a judicial proceeding if the plaintiff should with... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-iii/chapter-101/1904/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART III - Prescription (§§ 1901 — 1912)›Chapter 101 - Prescription Generally (§§ 1901 — 1912)›§ 1904 - Prescription of liability of broker | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART III - Prescription (§§ 1901 — 1912) › Chapter 101 - Prescription Generally (§§ 1901 — 1912) › § 1904 - Prescription of liability of broker | The liability of exchange brokers, commercial brokers, or ship-broking interpreters in the obligations in which they take part by reason of their office shall prescribe after three years.
History —Commerce Code, 1932, § 942. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-iii/chapter-101/1905/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART III - Prescription (§§ 1901 — 1912)›Chapter 101 - Prescription Generally (§§ 1901 — 1912)›§ 1905 - Actions by partner against copartnership and vice versa | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART III - Prescription (§§ 1901 — 1912) › Chapter 101 - Prescription Generally (§§ 1901 — 1912) › § 1905 - Actions by partner against copartnership and vice versa | The actions which may be brought by a partner against the copartnership, or vice versa, shall prescribe after three years, counted, according to the cases, from the withdrawal of the partner, his exclusion, or from the dissolution of the copartnership.
It shall be necessary, in order that this period may run, to record... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-iii/chapter-101/1906/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART III - Prescription (§§ 1901 — 1912)›Chapter 101 - Prescription Generally (§§ 1901 — 1912)›§ 1906 - In favor of partner withdrawing from copartnership | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART III - Prescription (§§ 1901 — 1912) › Chapter 101 - Prescription Generally (§§ 1901 — 1912) › § 1906 - In favor of partner withdrawing from copartnership | Prescription in favor of a partner who withdrew from the copartnership or who was excluded from the same if it appears in the manner indicated in the foregoing section, shall not be interrupted by the judicial proceedings instituted against the copartnership or against another partner.
Prescription in favor of the part... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-iii/chapter-101/1907/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART III - Prescription (§§ 1901 — 1912)›Chapter 101 - Prescription Generally (§§ 1901 — 1912)›§ 1907 - Actions against managing partners | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART III - Prescription (§§ 1901 — 1912) › Chapter 101 - Prescription Generally (§§ 1901 — 1912) › § 1907 - Actions against managing partners | Actions against the managing and directing members of associations shall terminate at the end of four years, to be counted from the time they cease to manage the same for any reason whatsoever.
History —Commerce Code, 1932, § 945. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-iii/chapter-101/1908/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART III - Prescription (§§ 1901 — 1912)›Chapter 101 - Prescription Generally (§§ 1901 — 1912)›§ 1908 - Actions arising from drafts, etc | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART III - Prescription (§§ 1901 — 1912) › Chapter 101 - Prescription Generally (§§ 1901 — 1912) › § 1908 - Actions arising from drafts, etc | Actions arising from drafts shall extinguish three years after maturity, whether such drafts have been protested or not.
A similar rule shall be applied to commercial bills of exchange and promissory notes, checks, stubs and other instruments of draft or exchange and to coupons and amounts for the redemption of obligat... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-iii/chapter-101/1909/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART III - Prescription (§§ 1901 — 1912)›Chapter 101 - Prescription Generally (§§ 1901 — 1912)›§ 1909 - Actions relating to recovery of freight, etc | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART III - Prescription (§§ 1901 — 1912) › Chapter 101 - Prescription Generally (§§ 1901 — 1912) › § 1909 - Actions relating to recovery of freight, etc | The actions relating to the collection of transportation, freights, expenses inherent thereto, and the contributions of ordinary averages shall prescribe six months after the goods which gave rise thereto were delivered.
The right to the collection of the passage shall prescribe after a similar period, to be counted fr... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-iii/chapter-101/1910/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART III - Prescription (§§ 1901 — 1912)›Chapter 101 - Prescription Generally (§§ 1901 — 1912)›§ 1910 - Actions which prescribe in one year | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART III - Prescription (§§ 1901 — 1912) › Chapter 101 - Prescription Generally (§§ 1901 — 1912) › § 1910 - Actions which prescribe in one year | The following shall prescribe after one year:
(1) Actions arising from services, works, provisions, and furnishing of goods or money for the construction, repair, equipment, or provisioning of vessels, or to support the crew, to be counted from the delivery of the goods and money, or from the period stipulated for thei... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-iii/chapter-101/1911/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART III - Prescription (§§ 1901 — 1912)›Chapter 101 - Prescription Generally (§§ 1901 — 1912)›§ 1911 - Actions to recover indemnity for collisions | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART III - Prescription (§§ 1901 — 1912) › Chapter 101 - Prescription Generally (§§ 1901 — 1912) › § 1911 - Actions to recover indemnity for collisions | Actions to recover indemnity for collisions shall prescribe after two years from the accident.
These actions shall not be admissible if the proper settlement should not have been made by the captain of the vessel damaged, or by the persons discharging his duties, at the first port which may be made, in accordance with ... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-2/part-iii/chapter-101/1912/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 2 - Commerce Code (§§ 1001 — 1950)›PART III - Prescription (§§ 1901 — 1912)›Chapter 101 - Prescription Generally (§§ 1901 — 1912)›§ 1912 - Actions arising from loans on bottomry, etc | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 2 - Commerce Code (§§ 1001 — 1950) › PART III - Prescription (§§ 1901 — 1912) › Chapter 101 - Prescription Generally (§§ 1901 — 1912) › § 1912 - Actions arising from loans on bottomry, etc | Actions arising from loans on bottomry or respondentia or from marine risks shall prescribe after three years from the period of the respective contracts or from the date of the accident which gives rise thereto.
History —Commerce Code, 1932, § 950. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-3/chapter-202/2041/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196)›Chapter 202 - Detailed Billing in Auto Repair Shops (§§ 2041 — 2042)›§ 2041 - Billing | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196) › Chapter 202 - Detailed Billing in Auto Repair Shops (§§ 2041 — 2042) › § 2041 - Billing | The owner, administrator or manager of every automotive technical, mechanical, or electromechanical workshop is hereby required to provide its clients with a full invoice, which shall include all the parts and/or accessories installed in every motor vehicle repaired by them, stating in detailed the exact cost thereof, ... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-3/chapter-202/2042/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196)›Chapter 202 - Detailed Billing in Auto Repair Shops (§§ 2041 — 2042)›§ 2042 - Fines | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196) › Chapter 202 - Detailed Billing in Auto Repair Shops (§§ 2041 — 2042) › § 2042 - Fines | Failure to comply with the provisions of this chapter shall constitute a misdemeanor, and upon conviction, the infractor shall be punished as follows:
(a) For the first infraction, a fine of one hundred dollars ($100);
(b) for the second infraction, a fine of two hundred and fifty dollars ($250), and
(c) for the third ... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-3/chapter-203/2051/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196)›Chapter 203 - Factory Warranty on Motor Vehicles (§§ 2051 — 2065)›§ 2051 - Short title | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196) › Chapter 203 - Factory Warranty on Motor Vehicles (§§ 2051 — 2065) › § 2051 - Short title | This chapter shall be known as the “Motor Vehicle Warranty Act”.
History —Sept. 24, 1979, No. 7, p. 1015, § 1. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-3/chapter-203/2052/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196)›Chapter 203 - Factory Warranty on Motor Vehicles (§§ 2051 — 2065)›§ 2052 - Definitions | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196) › Chapter 203 - Factory Warranty on Motor Vehicles (§§ 2051 — 2065) › § 2052 - Definitions | The following terms used in this chapter shall have the meanings provided hereinbelow:
(a) Person.— Shall mean any natural or juridical person.
(b) Factory warranty.— Shall mean the document issued by the motor vehicle manufacturer attesting to the fitness of the design, materials and workmanship used in the manufactur... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-3/chapter-203/2053/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196)›Chapter 203 - Factory Warranty on Motor Vehicles (§§ 2051 — 2065)›§ 2053 - Purpose | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196) › Chapter 203 - Factory Warranty on Motor Vehicles (§§ 2051 — 2065) › § 2053 - Purpose | It is the main purpose of this chapter to protect the consumer of new motor vehicles of Puerto Rico by guaranteeing to him/her that the motor vehicles he/she acquires shall have the same factory warranty granted by the makers or manufacturers to such motor vehicles in the continental United States, and that it shall al... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-3/chapter-203/2054/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196)›Chapter 203 - Factory Warranty on Motor Vehicles (§§ 2051 — 2065)›§ 2054 - Application; convincing proof of warranty offer; periodic revie... | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196) › Chapter 203 - Factory Warranty on Motor Vehicles (§§ 2051 — 2065) › § 2054 - Application; convincing proof of warranty offer; periodic review | This chapter shall apply equally to every manufacturer and maker whose motor vehicles are sold in Puerto Rico, but those who can convincingly prove to the Department of Consumer Affairs that they are offering equal or more favorable guarantees to Puerto Rican consumers than those they offer to the other consumers of th... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-3/chapter-203/2055/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196)›Chapter 203 - Factory Warranty on Motor Vehicles (§§ 2051 — 2065)›§ 2055 - Extension of warranty to every new vehicle | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196) › Chapter 203 - Factory Warranty on Motor Vehicles (§§ 2051 — 2065) › § 2055 - Extension of warranty to every new vehicle | Every maker or manufacturer shall extend the factory warranty to every new motor vehicle registered in Puerto Rico, regardless of where and from whom the consumer acquired it.
History —Sept. 24, 1979, No. 7, p. 1015, § 5. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-3/chapter-203/2056/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196)›Chapter 203 - Factory Warranty on Motor Vehicles (§§ 2051 — 2065)›§ 2056 - Grade of warranty | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196) › Chapter 203 - Factory Warranty on Motor Vehicles (§§ 2051 — 2065) › § 2056 - Grade of warranty | The factory warranty to be granted and honored in Puerto Rico may not be inferior in its terms and conditions to the warranty granted by the makers or manufacturers to the benefit of consumers in the continental United States, provided that it shall always be that of the broadest scope and extension in terms of benefit... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-3/chapter-203/2057/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196)›Chapter 203 - Factory Warranty on Motor Vehicles (§§ 2051 — 2065)›§ 2057 - Requirements for makers or manufacturers | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196) › Chapter 203 - Factory Warranty on Motor Vehicles (§§ 2051 — 2065) › § 2057 - Requirements for makers or manufacturers | Every motor vehicle maker or manufacturer who offers, directly or indirectly, for sale or sells new motor vehicles in Puerto Rico shall meet the following requirements:
(a) Establish an adequate system to guarantee to the consumer that there will be places in Puerto Rico where the factory warranties of said maker or ma... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-3/chapter-203/2058/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196)›Chapter 203 - Factory Warranty on Motor Vehicles (§§ 2051 — 2065)›§ 2058 - Payment for rendering services under warranty | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196) › Chapter 203 - Factory Warranty on Motor Vehicles (§§ 2051 — 2065) › § 2058 - Payment for rendering services under warranty | The maker or manufacturer shall pay the rendering of factory warranty services to any person who has rendered said services and who meets the requirements and conditions to which the rendering of the factory warranty services and the standards of payment, previously filed with and approved by the Department of Consumer... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-3/chapter-203/2059/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196)›Chapter 203 - Factory Warranty on Motor Vehicles (§§ 2051 — 2065)›§ 2059 - Independent distributors, competitive disadvantage | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196) › Chapter 203 - Factory Warranty on Motor Vehicles (§§ 2051 — 2065) › § 2059 - Independent distributors, competitive disadvantage | When the system established by the manufacturer places an independent distributor at a competitive disadvantage which prevents him from rendering the factory warranty services, the Department of Consumer Affairs, with the advice of the Office of Monopolistic Affairs of the Department of Justice of Puerto Rico, shall es... |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-3/chapter-203/2060/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196)›Chapter 203 - Factory Warranty on Motor Vehicles (§§ 2051 — 2065)›§ 2060 - Defects, responsibility for damages | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196) › Chapter 203 - Factory Warranty on Motor Vehicles (§§ 2051 — 2065) › § 2060 - Defects, responsibility for damages | The maker or manufacturer shall be responsible for damages caused by defects in the manufacture, design, assembly or production of motor vehicles made or manufactured by him.
History —Sept. 24, 1979, No. 7, p. 1015, § 10. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-3/chapter-203/2061/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196)›Chapter 203 - Factory Warranty on Motor Vehicles (§§ 2051 — 2065)›§ 2061 - Obligation for rendering service under warranty | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196) › Chapter 203 - Factory Warranty on Motor Vehicles (§§ 2051 — 2065) › § 2061 - Obligation for rendering service under warranty | The authorized distributor, the independent distributor and the distributor or salesman who sells a new motor vehicle to a consumer shall be under the obligation to render the factory warranty services effectively.
History —Sept. 24, 1979, No. 7, p. 1015, § 11. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-3/chapter-203/2062/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196)›Chapter 203 - Factory Warranty on Motor Vehicles (§§ 2051 — 2065)›§ 2062 - Legal obligations and responsibilities | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196) › Chapter 203 - Factory Warranty on Motor Vehicles (§§ 2051 — 2065) › § 2062 - Legal obligations and responsibilities | The obligations and responsibilities established in this chapter shall not relieve either the maker or manufacturer, or the distributor or seller, of the statutory liabilities and obligations prevailing in our legal system.
History —Sept. 24, 1979, No. 7, p. 1015, § 12. |
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-3/chapter-203/2063/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196)›Chapter 203 - Factory Warranty on Motor Vehicles (§§ 2051 — 2065)›§ 2063 - Regulations | 2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 3 - Business Regulations Generally (§§ 2001-2016 — 4196) › Chapter 203 - Factory Warranty on Motor Vehicles (§§ 2051 — 2065) › § 2063 - Regulations | The Department of Consumer Affairs shall be empowered to adopt the rules and regulations it deems pertinent to comply with the purposes of this chapter by using the powers and faculties vested in it by §§ 341—341w of Title 3, known as the “Department of Consumer Affairs Organic Act”.
History —Sept. 24, 1979, No. 7, p. ... |
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