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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-309/4185/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 309 - General Provisions (§§ 4171 — 4194)›§ 4185 - Division of estate | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 309 - General Provisions (§§ 4171 — 4194) › § 4185 - Division of estate | Estates charged with annuities cannot be divided among two (2) or more persons without the express consent of the annuitant, even when acquired by inheritance.
If the annuitant should permit the division, the part of the annuity with which each portion remains charged shall be designated with his consent, as many diffe... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-309/4186/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 309 - General Provisions (§§ 4171 — 4194)›§ 4186 - Award of estate to several heirs | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 309 - General Provisions (§§ 4171 — 4194) › § 4186 - Award of estate to several heirs | If the estate charged with an annuity is to be awarded to several heirs, and the annuitant does not give his consent to the division, it shall be placed at auction among the heirs.
In the absence of agreement or if none of the parties in interest should offer the price of the appraisement, the estate shall be sold with... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-309/4187/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 309 - General Provisions (§§ 4171 — 4194)›§ 4187 - Prescription of principal and income | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 309 - General Provisions (§§ 4171 — 4194) › § 4187 - Prescription of principal and income | The principal, as well as the income of annuities prescribes in accordance with the provisions of §§ 5241 to 5305 of this title.
History —Civil Code, 1930, § 1512. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-309/4188/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 309 - General Provisions (§§ 4171 — 4194)›§ 4188 - Presumption of payment | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 309 - General Provisions (§§ 4171 — 4194) › § 4188 - Presumption of payment | Notwithstanding the provisions of § 3027 of this title, the payment of two (2) consecutive incomes shall be necessary to presume that all the preceding ones have been paid.
History —Civil Code, 1930, § 1513. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-309/4189/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 309 - General Provisions (§§ 4171 — 4194)›§ 4189 - Taxes and other charges | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 309 - General Provisions (§§ 4171 — 4194) › § 4189 - Taxes and other charges | The person paying the annuity is obliged to pay the taxes and other charges affecting the estate charged with the annuity.
In paying the income, he may deduct therefrom the part of the charges to be paid by the annuitant.
History —Civil Code, 1930, § 1514. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-309/4190/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 309 - General Provisions (§§ 4171 — 4194)›§ 4190 - Real and personal actions by annuitant | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 309 - General Provisions (§§ 4171 — 4194) › § 4190 - Real and personal actions by annuitant | Annuities give rise to a real action against the estate charged. Besides the real action, the annuitant may bring a personal action for the payment of the income in arrears and for damages and interest when proper.
History —Civil Code, 1930, § 1515. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-309/4191/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 309 - General Provisions (§§ 4171 — 4194)›§ 4191 - Sterility of estate or loss of fruits | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 309 - General Provisions (§§ 4171 — 4194) › § 4191 - Sterility of estate or loss of fruits | The person paying the annuity cannot ask for the remission or reduction of the income on account of an accidental sterility of the estate nor on account of the loss of its fruits.
History —Civil Code, 1930, § 1516. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-309/4192/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 309 - General Provisions (§§ 4171 — 4194)›§ 4192 - Extinction of annuity upon destruction of estate | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 309 - General Provisions (§§ 4171 — 4194) › § 4192 - Extinction of annuity upon destruction of estate | When an estate charged with an annuity is totally destroyed or rendered useless by force majeure or by a fortuitous event, the annuity shall be extinguished, the payment of the pension discontinuing.
If it is destroyed in part only, the person paying the annuity shall not be exempt from the payment of the pension, unle... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-309/4193/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 309 - General Provisions (§§ 4171 — 4194)›§ 4193 - Application of insurance to payment of principal a... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 309 - General Provisions (§§ 4171 — 4194) › § 4193 - Application of insurance to payment of principal and income | In the case of the first paragraph of § 4192 of this title, if the estate should be insured, the amount of the insurance shall be liable for the payment of the principal of the annuity and of the incomes due, unless the person paying the annuity should prefer to invest it in rebuilding the estate, in which case the ann... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-309/4194/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 309 - General Provisions (§§ 4171 — 4194)›§ 4194 - Taking of estate by eminent domain | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 309 - General Provisions (§§ 4171 — 4194) › § 4194 - Taking of estate by eminent domain | If the estate charged with an annuity is taken by eminent domain, its price shall remain liable for the payment of the principal of the annuity and of the pensions due, said annuity being extinguished.
The foregoing provisions are also applicable in the case in which the taking by eminent domain is of a part of the est... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4211/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4211 - Establishment of emphyt... | An emphyteutic annuity can only be charged on real property and in a public instrument.
History —Civil Code, 1930, § 1520. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4212/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4212 - Value of estate and inc... | At the time of the constitution of the emphyteutic annuity the value of the estate and the annual income to be paid shall be fixed in the contract, under the penalty of nullity.
History —Civil Code, 1930, § 1521. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4213/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4213 - Fixed amount or aliquot... | If the pension should consist of a fixed amount of fruits, the kind and quality thereof shall be determined in the contract.
Should it consist of an aliquot part of those the estate may produce, in the absence of an express stipulation as to the intervention which the legal owner may exercise, the emphyteuticary shall ... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4214/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4214 - Provisions in case of e... | In case of the exercise of eminent domain, the provisions of the first paragraph of § 4194 of this title shall be observed if the entire estate should be thus taken.
Should it be thus taken only in part, the price of what has been taken shall be divided between the legal and beneficial owner, the former receiving the p... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4215/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4215 - Right to products, acce... | The products of the estate and of its accessions belong to the emphyteuticary.
He has the same rights which the owner would have in the treasure and mines which may be discovered on the estate charged with the emphyteusis.
History —Civil Code, 1930, § 1524. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4216/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4216 - Disposition of emphyteu... | The emphyteuticary may dispose of the emphyteutic estate and of its accessions by acts inter vivos as well as by last will, reserving the rights of the legal owner, and subject to the provisions of §§ 4217 et seq. of this title.
History —Civil Code, 1930, § 1525. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4217/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4217 - Easements or charges di... | If the pension should consist of an aliquot part of the fruits of the emphyteutic estate, neither an easement nor any other charge which may diminish the proceeds of the same shall be imposed upon it without the express consent of the legal owner.
History —Civil Code, 1930, § 1526. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4218/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4218 - Gift or exchange of est... | The emphyteuticary may freely bestow as a gift or exchange the estate, giving notice thereof to the legal owner.
History —Civil Code, 1930, § 1527. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4219/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4219 - Mutual rights of preemp... | The legal and beneficial owners have the mutual right of preemption and of redemption, provided they sell or give in payment their respective ownership of the emphyteutic estate.
This provision is not applicable to obligatory alienations, for reasons of public utility.
History —Civil Code, 1930, § 1528. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4220/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4220 - Notice of intention to ... | For the purposes of § 4219 of this title, a person desiring to alienate the ownership of an estate held in emphyteusis must give notice thereof to the other co-owner, stating the final price which may be offered to him, or the one for which he desires to alienate his ownership.
Within the twenty (20) days following the... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4221/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4221 - Right of redemption if ... | If the legal owner or the emphyteuticary, in a proper case, should not have made use of the right of preemption to which § 4220 of this title refers, he may make use of that of redemption to acquire the estate for the price at which it has been sold.
In such case the redemption must be made use of within the nine (9) w... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4222/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4222 - Time for redemption aft... | If the alienation has taken place without the previous notice prescribed in § 4220 of this title, the legal owner, and, in a proper case, the beneficial owner may exercise the action of redemption at any time, until one (1) year has elapsed, to be counted from the day the alienation is entered in the registry of proper... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4223/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4223 - Preemption and redempti... | In judicial sales of emphyteutic estates, the legal owner and the beneficial one, in their respective cases, may make use of the right of preemption within the period fixed in the notices of the sale at auction, paying the price which may serve as a basis for the auction and that of the redemption within the nine (9) w... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4224/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4224 - Alienation of several e... | If there are several estates alienated, charged with the same annuity, the right of preemption or that of redemption cannot be exercised with regard to some of them and to the exclusion of others.
History —Civil Code, 1930, § 1533. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4225/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4225 - Right of redemption of ... | When the legal or beneficial ownership is vested in several persons pro indiviso, each one of them may make use of the right of redemption subject to the rules established for that of owners in common, preference being given to the legal owner if a part of the beneficial ownership should have been alienated, or to the ... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4226/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4226 - When emphyteuticary dis... | If the emphyteuticary should be disturbed in his right by a third party who disputes the legal ownership or the validity of the emphyteusis, he cannot claim the corresponding indemnity from the legal owner if he does not summon him for the eviction, in accordance with the provisions of section 3838 of this title.
Histo... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4227/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4227 - Payment of laudemio to ... | In alienations for a valuable consideration of emphyteutic estates, laudemio shall be paid to the legal owner only when it has been expressly stipulated in the contract of emphyteusis.
If, when it has been stipulated, a fixed sum has not been specified, it shall consist of two (2) percent of the price of the alienation... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4228/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4228 - Obligation to pay laude... | The obligation to pay laudemio pertains to the person acquiring the estate, unless there is a stipulation to the contrary.
History —Civil Code, 1930, § 1537. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4229/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4229 - Prescription of action ... | If the emphyteuticary should have obtained permission from the legal owner for the alienation, or should have given him the previous notice prescribed in § 4220 of this title, the legal owner cannot demand the payment of laudemio except within a year following the day on which the public instrument is entered in the re... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4230/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4230 - Acknowledgment of right... | The legal owner may every twenty-nine (29) years demand the acknowledgment of his right by the person who is in possession of the emphyteutic estate.
The expenses of the acknowledgment shall be borne by the emphyteuticary, but no other prestation whatever, for this reason, shall be required of him.
History —Civil Code,... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4231/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4231 - Forfeiture and restitut... | The estate shall be forfeited and the legal owner may demand its restitution:
(1) By nonpayment of the pension for three (3) consecutive years.
(2) If the emphyteuticary does not comply with the conditions stipulated in the contract or seriously impairs the estate.
History —Civil Code, 1930, § 1540. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4232/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4232 - Demand for payment prio... | In order that the legal owner may demand the forfeiture in the first case of § 4231 of this title, he must demand payment of the emphyteuticary, either judicially or through a notary, and should the latter not pay within the thirty (30) days following the demand the right of the owner may be freely exercised.
History —... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4233/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4233 - Redemption after forfei... | The emphyteuticary may free himself from the forfeiture, in every case, by redeeming the annuity and paying the pensions due within the thirty (30) days following the formal demand for the payment or the summons for the suit.
The creditors of the emphyteuticary may make use of the same right within thirty (30) days fol... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4234/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4234 - Redemption of emphyteus... | The redemption of the emphyteusis shall consist in a payment of cash in full to the legal owner for the principal which may have been fixed as the value of the estate at the time of the constitution of the annuity, and no other prestation can be exacted, unless it should have been stipulated.
History —Civil Code, 1930,... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4235/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4235 - Payments for improvemen... | In case of forfeiture, or in that of rescission of the contract of emphyteusis for any reason whatsoever, the legal owner must pay for the improvements which may have increased the value of the estate, provided such increase exist at the time of the restitution.
If the estate has deteriorated, through fault or negligen... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4236/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4236 - Reversion of estate to ... | In the absence of testamentary heirs, descendants, ascendants, a surviving spouse, and relatives within the sixth degree of the last emphyteuticary, the estate shall revert to the legal owner in the condition in which it may exist, unless the emphyteuticary had disposed of it in another manner.
History —Civil Code, 193... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4237/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4237 - Sub-emphyteusis invalid | The contract of sub-emphyteusis shall not be valid in the future.
History —Civil Code, 1930, § 1546. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-ii/4251/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter II - Other Contracts Analogous to That of Emp... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter II - Other Contracts Analogous to That of Emphyteusis (§ 4251) › § 4251 - Provisions govern... | Charges of a similar character which may be established after the promulgation of this Code, should they be for an unlimited time, shall be governed by the provisions established for emphyteusis in the preceding subchapter.
Should they be temporary or for a limited period, they shall be considered as leases and shall b... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-313/4261/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 313 - Transferable Annuities (Censos Consignativos)›§ 4261 - Determination of pension payable in frui... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 313 - Transferable Annuities (Censos Consignativos) › § 4261 - Determination of pension payable in fruits | When the payment of the pension of the transferable annuity is stipulated in fruits, the species, quantity, and quality of the same must be fixed, and cannot consist of an aliquot part of those which the estate charged with the annuity may produce.
History —Civil Code, 1930, § 1548. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-313/4262/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 313 - Transferable Annuities (Censos Consignativos)›§ 4262 - Redemption of transferable annuity | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 313 - Transferable Annuities (Censos Consignativos) › § 4262 - Redemption of transferable annuity | The redemption of a transferable annuity shall consist in the return to the annuitant in cash and in full of the principal paid for the constitution of the annuity.
History —Civil Code, 1930, § 1549. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-313/4263/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 313 - Transferable Annuities (Censos Consignativos)›§ 4263 - Right of annuitant when estate subject t... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 313 - Transferable Annuities (Censos Consignativos) › § 4263 - Right of annuitant when estate subject to real action | When a real action is proper against an estate, charged with an annuity, for the payment of pensions, if what remains of the value of the same is not sufficient to cover the principal of the annuity and twenty-five (25) percent in addition, the annuitant may oblige the person paying the annuity, at the latter’s option,... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-313/4264/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 313 - Transferable Annuities (Censos Consignativos)›§ 4264 - Other cases in which value of estate is ... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 313 - Transferable Annuities (Censos Consignativos) › § 4264 - Other cases in which value of estate is insufficient | The annuitant may also make use of the right mentioned in § 4263 of this title in the other cases in which the value of the estate should be insufficient to cover the principal of the annuity, and twenty-five (25) percent in addition if any of the following circumstances exist:
(1) If the value of the estate should hav... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-315/4281/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 315 - Reservative Annuities (§§ 4281 — 4284)›§ 4281 - Appraisal of estate required for reservative an... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 315 - Reservative Annuities (§§ 4281 — 4284) › § 4281 - Appraisal of estate required for reservative annuities | Reservative annuities cannot be validly constituted unless preceded by an appraisement of the estate by an estimate agreed to by the parties or upon a just expert appraisal.
History —Civil Code, 1930, § 1552. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-315/4282/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 315 - Reservative Annuities (§§ 4281 — 4284)›§ 4282 - Redemption | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 315 - Reservative Annuities (§§ 4281 — 4284) › § 4282 - Redemption | The redemption of this annuity shall take place by the person who pays it, delivering to the annuitant in cash and in full the principal which may have been fixed in accordance with § 4281 of this title.
History —Civil Code, 1930, § 1553. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-315/4283/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 315 - Reservative Annuities (§§ 4281 — 4284)›§ 4283 - Determination of pension payable in fruits | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 315 - Reservative Annuities (§§ 4281 — 4284) › § 4283 - Determination of pension payable in fruits | The provisions of § 4261 of this title are applicable to reservative annuities.
History —Civil Code, 1930, § 1554. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-315/4284/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 315 - Reservative Annuities (§§ 4281 — 4284)›§ 4284 - Redemption or abandonment by debtor | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 315 - Reservative Annuities (§§ 4281 — 4284) › § 4284 - Redemption or abandonment by debtor | In the cases prescribed in §§ 4263 and 4264 of this title, the debtor of the reservative annuity can only be obliged to redeem the annuity or to abandon the estate in favor of the annuitant.
History —Civil Code, 1930, § 1555. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4311/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4311 - Partnership defined | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4311 - Partnership defined | Partnership is a contract by which two or more persons bind themselves to contribute money, property or industry to a common fund, with the intention of dividing the profits among themselves.
History —Civil Code, 1930, § 1556. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4312/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4312 - Objects and interests; profits on disso... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4312 - Objects and interests; profits on dissolution of illicit partnership | Partnerships must have licit objects, and must be established for the common interests of the partners.
When the dissolution of an illicit partnership is declared, the profits shall be devoted to the charitable institutions of the domicile of the partnership, and, in their absence, to those of the Commonwealth of Puert... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4313/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4313 - Establishment of civil partnerships | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4313 - Establishment of civil partnerships | Civil partnerships may be established in any form whatever, unless when real property or property rights should be contributed to the same, in which case a public instrument shall be necessary.
History —Civil Code, 1930, § 1558. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4314/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4314 - Inventory of real property required for... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4314 - Inventory of real property required for articles of copartnership | Articles of copartnership are void, if real property is contributed to the same, if an inventory of said property is not made, signed by the parties, and which must be attached to the instrument.
History —Civil Code, 1930, § 1559. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4315/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4315 - Personality of partnerships whose artic... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4315 - Personality of partnerships whose articles are secret | Partnerships, the articles of which are kept secret among the partners, and in which each one of the latter may contract in his own name with third persons, shall have no judicial personality.
This kind of partnership shall be governed by the provisions relating to property held in common.
History —Civil Code, 1930 § 1... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4316/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4316 - Forms of civil partnerships | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4316 - Forms of civil partnerships | Civil partnerships, on account of the objects to which they are devoted, may adopt all the forms accepted by § 1001 of Title 10. In such case its provisions shall be applicable insofar as they do not conflict with those of this title.
History —Civil Code, 1930, § 1561. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4317/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4317 - General or particular partnerships | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4317 - General or particular partnerships | Partnerships are general or particular.
History —Civil Code, 1930, § 1562. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4318/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4318 - Forms of general partnerships | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4318 - Forms of general partnerships | General partnerships may consist of all the present property or of the profits.
History —Civil Code, 1930, § 1563. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4319/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4319 - General partnerships of present propert... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4319 - General partnerships of present property | Partnerships which include all the present property are those in which the parties contribute all the property which actually belongs to them to a common fund, with the intention of dividing the same among themselves, as well as all the profits they may acquire therefrom.
History —Civil Code, 1930, § 1564. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4320/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4320 - General partnerships of present propert... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4320 - General partnerships of present property—Property and profits | In general partnerships of all present property, what belongs to each of the partners becomes the common property of all the partners, as well as all the profits which they may acquire therewith.
An agreement for the division of any other profits may also be made, but the property which the partners acquire subsequentl... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4321/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4321 - General partnerships of profits | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4321 - General partnerships of profits | General partnerships of profits include all that the partners may acquire by their industry or work during the continuation of the partnership.
Personal or real property which each of the partners may possess at the time of the celebration of the agreement shall continue to be their private property, the usufruct only ... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4322/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4322 - Articles of general partnership not spe... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4322 - Articles of general partnership not specifying nature | Articles of general copartnership executed without specifying its nature only constitute a general partnership of profits.
History —Civil Code, 1930, § 1567. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4323/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4323 - Persons disqualified to contract genera... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4323 - Persons disqualified to contract general partnership | Persons who are forbidden to mutually grant each other gifts or advantages cannot contract among themselves a general partnership.
History —Civil Code, 1930, § 1568. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4324/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4324 - Object of particular partnership | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4324 - Object of particular partnership | A particular partnership has for its object specified things only, their use or profits, or a specified undertaking, or the exercise of a profession or art.
History —Civil Code, 1930, § 1569. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4341/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Amon... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4341 - When ... | A partnership begins from the moment of the making of the agreement, if not otherwise stipulated.
History —Civil Code, 1930, § 1570. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4342/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Amon... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4342 - Term ... | A partnership continues during the time agreed upon; in the absence of an agreement, for such time as the business which has been the exclusive object of the partnership may last, if by its nature it has a limited duration; and in any other case during the lives of the partners, without prejudice to the rights reserved... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4343/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Amon... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4343 - Partn... | Every partner is a debtor of the partnership for whatever he has promised to contribute thereto.
He is also bound to eviction with regard to the specified and determined things he may have contributed to the partnership in the same cases and in the same manner as a vendor is bound with regard to the vendee.
History —Ci... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4344/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Amon... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4344 - Inter... | A partner who has bound himself to contribute a sum of money and fails to do so is at law a debtor for the interest thereon, from the day on which he should have contributed the same, without prejudice to indemnifying furthermore for the damages he may have caused thereby.
The same shall take place with regard to amoun... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4345/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Amon... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4345 - Indeb... | A partner who gives his services but contributes no capital owes to the partnership the profits which, during its existence, he may have earned in a branch of the industry which is the object of the partnership.
History —Civil Code, 1930, § 1574. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4346/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Amon... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4346 - Dispo... | If a partner who is authorized to manage collects a demandable sum, which was owed to him in his own name, from a person who owed the partnership another sum, also demandable, the sum collected shall be charged to the two (2) credits in proportion to their amounts, even when he may have given a receipt for his own acco... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4347/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Amon... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4347 - Oblig... | A partner who has received in full his share of a partnership credit, when the other partners had not collected theirs, is obliged, if the debtor afterwards becomes insolvent, to contribute to the partnership capital what he received, even though he may have given the receipt for his share only
History —Civil Code, 193... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4348/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Amon... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4348 - Liabi... | Every partner shall be liable to the partnership for the losses and damages suffered by it through his fault, and he cannot compensate them with the benefits which he may have given to the partnership by his services.
History —Civil Code, 1930, § 1577. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4349/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Amon... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4349 - Risk ... | The risk of things, certain and specified, which are not perishable, contributed to the partnership in order that only their use and fruit be common, shall be borne by the partner owning them.
If the things contributed are perishable, or if they cannot be kept without deteriorating, or if they were contributed to be so... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4350/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Amon... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4350 - Liabi... | The partnership is liable to every partner for the amounts he may have disbursed on account of the same and for the proper interest; it shall also be liable to every partner for the obligations he may have contracted in good faith by reason of the partnership business, and for risks inseparable from its management.
His... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4351/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Amon... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4351 - Losse... | The losses and profits shall be distributed in accordance with what has been agreed upon. If an agreement exists only with regard to the share of each one in the profits, his share in the losses shall be in the same proportion.
In the absence of an agreement, the share of each partner in the profits and losses shall be... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4352/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Amon... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4352 - Losse... | If the partners have agreed to intrust to a third person the designation of the share of each one in the profits and losses, said designation can be impugned only if it has evidently been made contrary to equity. In no case shall the partner, who has commenced to execute the decision of the third person or who has not ... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4353/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Amon... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4353 - Losse... | An agreement in which one or more of the partners are excluded from any share in the profits or losses is void.
Only the partner contributing his services but no capital may be exempted from any liability in the losses.
History —Civil Code, 1930, § 1582. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4354/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Amon... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4354 - Power... | The partner who has been appointed manager in the articles of copartnership may execute all administrative acts, notwithstanding the opposition of his partners, unless he should act in bad faith; and his power is irrevocable without legitimate cause.
A power executed after the agreement, without there having been stipu... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4355/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Amon... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4355 - Attri... | If two or more partners have been entrusted with the management of the partnership without their duties having been fixed, or without a statement having been made that one of them shall not act without the consent of the others, each one may severally exercise all acts of administration; but any of them may oppose the ... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4356/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Amon... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4356 - Agree... | In case it should have been agreed that some of the managing partners are not to act without the consent of the others, the consent of all shall be necessary for the validity of the acts; and the absence or incapacity of any one of them cannot be alleged unless there should be imminent danger of a serious or irreparabl... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4357/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Amon... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4357 - Rules... | Should no agreement have been made with regard to the form of management, the following rules shall be observed:
(1) All the partners shall be considered agents, and whatever any one of them may do by himself shall bind the partnership; but each one may oppose the act of the others before they may have produced any leg... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4358/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Amon... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4358 - Right... | Every partner may associate another person in his share, but said person shall not enter the partnership without the unanimous consent of the other partners, even when the former is the manager.
History —Civil Code, 1930, § 1587. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-ii/4371/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter II - Obligations of Partners Wit... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter II - Obligations of Partners With Regard to Third Persons (§§ 4371 — 4373) › §... | In order that the partnership may be liable to a third person for the acts of one of the partners, it is necessary:
(1) That the partner should have acted as such for the account of the partnership.
(2) That he should have the power to bind the partnership by virtue of an express or implied authority.
(3) That he may h... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-ii/4372/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter II - Obligations of Partners Wit... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter II - Obligations of Partners With Regard to Third Persons (§§ 4371 — 4373) › §... | The partners shall not be jointly and severally liable for the partnership’s debts, and no one can hold the other liable for a personal act, if the power to do so has not been conferred on him.
The partnership shall not be held liable to a third party for acts that a partner has performed in his own name or without the... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-ii/4373/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter II - Obligations of Partners Wit... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter II - Obligations of Partners With Regard to Third Persons (§§ 4371 — 4373) › §... | The creditors of the partnership shall be preferred to the creditors of each partner with regard to the partnership property. Without prejudice to this right, the private creditors of each partner may demand the attachment and sale at auction of the latter’s share in the partnership capital.
History —Civil Code, 1930, ... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-323/4391/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399)›§ 4391 - Partnership, how extingui... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399) › § 4391 - Partnership, how extinguished | A partnership is extinguished:
(1) When the term for which it was constituted expires.
(2) When the thing is lost, or the business for which it was constituted ends.
(3) By the natural death or insolvency of any of the partners, and in the case foreseen in § 4373 of this title.
(4) By the will of any of the partners, s... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-323/4392/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399)›§ 4392 - Loss of specific thing | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399) › § 4392 - Loss of specific thing | If a specific thing, which a partner had promised to contribute to the partnership, perishes before the delivery has been effected, its loss produces the dissolution of the partnership.
A partnership shall also be dissolved, in any case, by the loss of the thing, when the partner who contributes it reserves to himself ... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-323/4393/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399)›§ 4393 - Extension of duration of ... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399) › § 4393 - Extension of duration of partnership | A partnership established for a specified time may be extended by the consent of all the partners.
The consent may be express or implied and it may be proven by the ordinary means.
History —Civil Code, 1930, § 1593. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-323/4394/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399)›§ 4394 - Extension before and afte... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399) › § 4394 - Extension before and after expiration of term | If the partnership is extended after the expiration of its term, it is understood that a new partnership is established. If it is extended before the expiration of the term, the original partnership continues.
History —Civil Code, 1930, § 1594. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-323/4395/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399)›§ 4395 - Continuation after death ... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399) › § 4395 - Continuation after death of partner | A stipulation is valid which provides that on the death of one of the partners the partnership shall continue among the survivors. In such case the heir of the deceased shall only be entitled to have a division made, fixing it on the day of the death of his constituent; and he shall participate in the subsequent rights... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-323/4396/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399)›§ 4396 - Dissolution by will or wi... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399) › § 4396 - Dissolution by will or withdrawal of partner | The dissolution of the partnership by the will or withdrawal of one of the partners shall only take place when a term for its duration has not been fixed, or if this term does not appear from the nature of the business.
In order that the withdrawal may be of effect, it must be made in good faith at the proper time; not... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-323/4397/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399)›§ 4397 - Withdrawal in bad faith; ... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399) › § 4397 - Withdrawal in bad faith; inopportune time | A withdrawal is in bad faith when the person who makes it proposes to appropriate to himself alone the benefits which should be common. In such case the person who renounces it does not free himself from liability to his partners, and they shall have the power to exclude him from the partnership.
A withdrawal shall be ... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-323/4398/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399)›§ 4398 - When dissolution not dema... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399) › § 4398 - When dissolution not demandable | No partner can demand the dissolution of a partnership which, either by a provision of the articles or by the nature of the business, has been constituted for a specified time unless there should exist sufficient reason, such as when one of the partners fails to comply with his obligations, or when he becomes incapacit... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-323/4399/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399)›§ 4399 - Rules governing distribut... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399) › § 4399 - Rules governing distribution among partners | The distribution among the partners shall be governed by the rules for inheritances, with regard to its form as well as to the obligations arising therefrom. The partner contributing his services only shall not be given any part of the property contributed, but only its fruits and profits, in accordance with the provis... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-ix/chapter-327/4421/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART IX - Agency (§§ 4421 — 4488)›Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429)›§ 4421 - Agency defined | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART IX - Agency (§§ 4421 — 4488) › Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429) › § 4421 - Agency defined | By the contract of agency, a person binds himself to render some service, or to do something for the account or at the request of another.
History —Civil Code, 1930, § 1600. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-ix/chapter-327/4421a/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART IX - Agency (§§ 4421 — 4488)›Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429)›§ 4421a - Durable power of attorney—D... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART IX - Agency (§§ 4421 — 4488) › Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429) › § 4421a - Durable power of attorney—Definition | A durable power of attorney is an instrument made by public deed for the administration of property and for any other matter, expressly containing a provision establishing that the same shall become valid and remain effective even after the principal becomes or is adjudicated incapacitated by a court. The notary shall ... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-ix/chapter-327/4421b/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART IX - Agency (§§ 4421 — 4488)›Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429)›§ 4421b - Description of the real pro... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART IX - Agency (§§ 4421 — 4488) › Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429) › § 4421b - Description of the real property of the principal in the durable power of... | In the event that the durable power of attorney provides for the alienation of one or more real properties of which the principal is the owner, in whole or in part, a description thereof shall be included therein. The real property of which the Principal is the owner, in whole or in part, and that constitutes his/her h... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-ix/chapter-327/4421c/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART IX - Agency (§§ 4421 — 4488)›Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429)›§ 4421c - When the principal becomes ... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART IX - Agency (§§ 4421 — 4488) › Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429) › § 4421c - When the principal becomes incapacitated | By virtue of the provisions of § 4421a of this title, when the principal becomes incapacitated or is adjudicated incapacitated by a court, the agent may exercise all the duties and powers granted in the durable power of attorney. However, in the case of the principal’s homestead property, the agent may only dispose of,... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-ix/chapter-327/4421d/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART IX - Agency (§§ 4421 — 4488)›Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429)›§ 4421d - Applicability of other prov... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART IX - Agency (§§ 4421 — 4488) › Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429) › § 4421d - Applicability of other provisions of the Code | All other provisions of the Code pertaining to a power contract shall apply to a durable power of attorney, provided, that such provisions are not inconsistent with the provisions of §§ 4421a-4421c of this title.
History —Civil Code, 1930, added as § 1600D on Jan. 18, 2012, No. 25, § 4. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-ix/chapter-327/4422/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART IX - Agency (§§ 4421 — 4488)›Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429)›§ 4422 - Express or implied | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART IX - Agency (§§ 4421 — 4488) › Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429) › § 4422 - Express or implied | An agency may be express or implied.
An express agency may be given by a public or private instrument and even by parol.
The acceptance may also be express or implied, the latter being inferred from the acts of the agent.
History —Civil Code, 1930, § 1601. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-ix/chapter-327/4423/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART IX - Agency (§§ 4421 — 4488)›Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429)›§ 4423 - Presumption of gratuitous ag... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART IX - Agency (§§ 4421 — 4488) › Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429) › § 4423 - Presumption of gratuitous agency or of obligation of compensation | In the absence of an agreement to the contrary, the agency is presumed to be gratuitous.
Nevertheless, if the agent has for an occupation the performance of services of the kind to which the agency refers, the obligation of compensating him is presumed.
History —Civil Code, 1930, § 1602. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-ix/chapter-327/4424/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART IX - Agency (§§ 4421 — 4488)›Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429)›§ 4424 - General and special agency d... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART IX - Agency (§§ 4421 — 4488) › Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429) › § 4424 - General and special agency defined | Agency is general or special.
The former includes all the business of the principal.
The latter, one or more specific transactions.
History —Civil Code, 1930, § 1603. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-ix/chapter-327/4425/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART IX - Agency (§§ 4421 — 4488)›Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429)›§ 4425 - Agency stated in general ter... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART IX - Agency (§§ 4421 — 4488) › Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429) › § 4425 - Agency stated in general terms; express commission; power to compromise | An agency stated in general terms only includes acts of administration.
In order to compromise, alienate, mortgage, or to execute any other act of strict ownership, an express commission is required.
The power to compromise does not give authority to place the matter in the hands of arbitrators or amicable compromisers... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-ix/chapter-327/4426/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART IX - Agency (§§ 4421 — 4488)›Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429)›§ 4426 - Scope of authority cannot be... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART IX - Agency (§§ 4421 — 4488) › Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429) › § 4426 - Scope of authority cannot be exceeded | An agent cannot exceed the scope of his authority.
History —Civil Code, 1930, § 1605. |
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