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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-259/3222/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 259 - Arbitration (§§ 3201 — 3229)›§ 3222 - Award—Reversal
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 259 - Arbitration (§§ 3201 — 3229) › § 3222 - Award—Reversal
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In any of the following cases the court may, on petition of any of the parties and upon notice and hearing, issue an order reversing the award:
(a) When it was obtained through corruption, fraud or other improper means.
(b) When there was evident bias or corruption on the part of the referees or any of them.
(c) When the referees are in error in refusing to postpone the hearing after just cause therefor was shown, or in refusing to hear relevant and material evidence on the dispute, or when they commit any other error impairing the rights of any of the parties.
(d) When the referees go beyond their function or when the award made does not finally and definitively decide the dispute submitted.
(e) If there was no submission or valid arbitration agreement and the proceedings were initiated without having served the notice of the intent to arbitrate, as provided in § 3211 of this title, or the motion to compel arbitration, as provided in subsection (1) of § 3204 of this title.
In case an award is reversed, the court may, in its discretion, order a new hearing, before the same referees or before new referees to be selected in the manner provided for in the agreement for the selection of original referees, and any provision limiting the term within which the referees may arrive at a decision, shall be considered applicable to the new arbitration and to begin from the date of the court order.
—May 8, 1951, No. 376, p. 896, § 22, eff. 90 days after May 8, 1951.
History
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-259/3223/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 259 - Arbitration (§§ 3201 — 3229)›§ 3223 - Award—Modification; correction
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 259 - Arbitration (§§ 3201 — 3229) › § 3223 - Award—Modification; correction
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In any of the following cases the court shall, upon notice and hearing, and on petition of any of the parties, issue an order modifying or correcting the award:
(a) When there was evident error of calculation as to the number, or evident error in the description of any person, thing, or property.
(b) When the referees have made a determination on a matter not submitted to them.
(c) When the award is imperfect as to form, without affecting the merits of the dispute.
The order shall modify and correct the award so as to give effect to the intent thereof.
History —May 8, 1951, No. 376, p. 896, § 23, eff. 90 days after May 8, 1951.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-259/3224/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 259 - Arbitration (§§ 3201 — 3229)›§ 3224 - Award—Motion to reverse, modify, or correct; stay of proceedings
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 259 - Arbitration (§§ 3201 — 3229) › § 3224 - Award—Motion to reverse, modify, or correct; stay of proceedings
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Notice of the motion to reverse, modify or correct an award shall be served on the opposing party or his counsel within the three (3) months following the delivery of a copy of the award to the party or his counsel. Said serving of notice shall be made in the manner prescribed by law for the serving of notice of motions in a lawsuit. For the purposes of the motion, any judge empowered to issue an order to stay the proceedings in an action instituted before the same court, may issue an order to be served jointly with the notice of the motion, staying the proceedings initiated by the opposing party to enforce the award.
History —May 8, 1951, No. 376, p. 896, § 24, eff. 90 days after May 8, 1951.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-259/3225/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 259 - Arbitration (§§ 3201 — 3229)›§ 3225 - Judgment—Costs
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 259 - Arbitration (§§ 3201 — 3229) › § 3225 - Judgment—Costs
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When an order is issued confirming, modifying, correcting, or reversing an award, the proper judgment shall be passed accordingly. The costs of the petition and of the subsequent proceedings, which shall not exceed twenty-five (25) dollars, may be fixed by the court, in its discretion.
History —May 8, 1951, No. 376, p. 896, § 25, eff. 90 days after May 8, 1951.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-259/3226/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 259 - Arbitration (§§ 3201 — 3229)›§ 3226 - Judgment—Record; entry
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 259 - Arbitration (§§ 3201 — 3229) › § 3226 - Judgment—Record; entry
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Immediately after judgment is passed, the secretary of the court shall file the following documents, which shall constitute the judgment record:
(1) The agreement; the selection or the appointment of the referee or referees; and the extension or extensions granted to make the award.
(2) The award.
(3) Each notice, affidavit, or other document in which is based a petition for confirming, modifying or correcting the award, and a copy of each order of the court in connection with such petition.
(4) Copy of the judgment.
The judgment may be entered in the judgment register as if it has been rendered in a judicial action.
History —May 8, 1951, No. 376, p. 896, § 26, eff. 90 days after May 8, 1951.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-259/3227/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 259 - Arbitration (§§ 3201 — 3229)›§ 3227 - Judgment—Effect
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 259 - Arbitration (§§ 3201 — 3229) › § 3227 - Judgment—Effect
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The judgment thus rendered shall have the same force and effect in all respects and shall be subject to the same provisions of law referring to judgments in a civil action.
History —May 8, 1951, No. 376, p. 896, § 27, eff. 90 days after May 8, 1951.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-259/3228/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 259 - Arbitration (§§ 3201 — 3229)›§ 3228 - Review
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 259 - Arbitration (§§ 3201 — 3229) › § 3228 - Review
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The orders and judgments of the Court of First Instance may be appealed from to the Supreme Court of Puerto Rico through certiorari proceedings, which shall be limited to questions of law.
History —May 8, 1951, No. 376, p. 896, § 28, eff. 90 days after May 8, 1951.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-259/3229/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 259 - Arbitration (§§ 3201 — 3229)›§ 3229 - Repeals; exceptions
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 259 - Arbitration (§§ 3201 — 3229) › § 3229 - Repeals; exceptions
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Title V, §§ 790 to 839, inclusive, and § 487 of the Revised Law of Civil Procedure for Spain and Overseas (Novísima Ley de Enjuiciamiento Civil para España y Ultramar), promulgated by Royal Decree of February 3, 1881, are hereby expressly repealed. The provisions of this chapter shall not apply to arbitration agreements between employers and employees, which shall continue to be governed by §§ 61-76 of Title 29 and by any other act that may be approved to regulate the arbitration of the problems between employers and employees, nor to the arbitration and decision of referees established by the Code of Civil Procedure.
History —May 8, 1951, No. 376, p. 896, § 29, eff. 90 days after May 8, 1951.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-i/3241/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter I - General Provisions (§§ 3241 — 3241f)›§ 3241 - Scope of application
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter I - General Provisions (§§ 3241 — 3241f) › § 3241 - Scope of application
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(1) This chapter shall apply to international commercial arbitration without prejudice to any multilateral or bilateral agreement in effect between the United States and any other country or countries.
(2) The provisions of this chapter, except §§ 3242, 3242a, 3245h-3245j, 3249 and 3249a of this title, shall apply only if the place of arbitration is in the territory of Puerto Rico.
(3) An arbitration is international if:
(a) The parties to an arbitration agreement have, at the time of the conclusion of that agreement, their places of business in different countries, or
(b) one of the following places is located outside of the country in which the parties have their place of business:
(i) The place of arbitration if determined in or pursuant to the arbitration agreement.
(ii) Any place where a substantial part of the obligations of the commercial relationship is to be performed or the place with which the subject matter of the dispute is most closely connected, or
(c) the parties have expressly agreed that the subject matter of the arbitration agreement relates to more than one country.
(4) For purposes of subsection (3) of this section:
(a) If a party has more than one place of business, the place of business is that which has the closest relationship to the arbitration agreement.
(b) If a party does not have a place of business, reference is to be made to his habitual residence.
(5) This chapter shall not affect any other law applicable to Puerto Rico by virtue of which certain disputes may not be submitted to arbitration or may be submitted to arbitration.
History —Jan. 5, 2012, No. 10, § 1.02.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-i/3241a/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter I - General Provisions (§§ 3241 — 3241f)›§ 3241a - Definitions and rules of interpretation
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter I - General Provisions (§§ 3241 — 3241f) › § 3241a - Definitions and rules of interpretation
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(1) The following terms shall have the meaning stated below, except where the context clearly indicates otherwise:
(a) Arbitration.— Means any arbitration whether or not administered by a permanent arbitral institution.
(b) Arbitration agreement.— Means an agreement by the parties to submit to arbitration all or certain disputes which may arise between them in respect to a defined legal relationship, whether contractual or not.
(c) Arbitral tribunal.— Means a sole arbitrator or a panel of arbitrators.
(d) Court.— Means the Court of First Instance of Puerto Rico.
(2) Where a provision of this chapter, except § 3247 of this title, leaves the parties free to determine a certain issue, such freedom includes the right of the parties to authorize a third party, including an institution, to make that determination.
(3) Where a provision of this chapter refers to the fact that the parties have agreed or that they may agree, or in any other way refers to an agreement of the parties, such agreement shall include any arbitration rules referred to in that agreement.
(4) Where a provision of this chapter, other than subsection (a) of § 3246g of this title and subsection (a)(2) of § 3247d of this title, refers to a claim, it also applies to a counterclaim, and where it refers to a defense, it also applies to a defense to that counterclaim.
History —Jan. 5, 2012, No. 10, § 1.03.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-i/3241b/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter I - General Provisions (§§ 3241 — 3241f)›§ 3241b - International origin and general principles
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter I - General Provisions (§§ 3241 — 3241f) › § 3241b - International origin and general principles
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(1) In the interpretation of this chapter, regard is to be had to its international origin and to the need to promote uniformity in its application and the observance of good faith.
(2) Questions concerning matters governed by this chapter which are not expressly settled in conformity with the general principles on which this chapter is based.
History —Jan. 5, 2012, No. 10, § 1.04.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-i/3241c/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter I - General Provisions (§§ 3241 — 3241f)›§ 3241c - Receipt of written communications
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter I - General Provisions (§§ 3241 — 3241f) › § 3241c - Receipt of written communications
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(1) Unless otherwise agreed by the parties:
(a) Any written communication is deemed to have been received if it is delivered to the addressee personally or if it is delivered at his place of business, habitual residence, or mailing address. If none of these can be found after making a reasonable inquiry, a written communication is deemed to have been received if it is sent to the addressee's last known place of business, habitual residence, or mailing address by registered letter or by any other means which provides a record of the attempt to deliver it.
(b) The communication is deemed to have been received on the day it is so delivered.
(2) The provisions of this section shall not apply to communications in court proceedings.
History —Jan. 5, 2012, No. 10, § 1.05.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-i/3241d/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter I - General Provisions (§§ 3241 — 3241f)›§ 3241d - Waiver of right to object
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter I - General Provisions (§§ 3241 — 3241f) › § 3241d - Waiver of right to object
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Any party who knows that any provision of this chapter from which the parties may derogate or any requirement under the arbitration agreement that has not been complied with and yet proceeds with the arbitration without stating an objection to such noncompliance without undue delay or, if a time limit is provided therefor, within such period of time, shall be deemed to have waived the right to object.
History —Jan. 5, 2012, No. 10, § 1.06.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-i/3241e/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter I - General Provisions (§§ 3241 — 3241f)›§ 3241e - Extent of court intervention
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter I - General Provisions (§§ 3241 — 3241f) › § 3241e - Extent of court intervention
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In matters governed by this chapter, no court shall intervene, except where so provided in this chapter.
History —Jan. 5, 2012, No. 10, § 1.07.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-i/3241f/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter I - General Provisions (§§ 3241 — 3241f)›§ 3241f - Court or other authority for certain functions of arbitration assistance or supervision
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter I - General Provisions (§§ 3241 — 3241f) › § 3241f - Court or other authority for certain functions of arbitration assistance or supervision
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The functions referred to in §§ 3243a, 3243c, 3243d, 3244, and 3248 of this title shall be performed by the Court of First Instance, Superior Part, in the municipality of Puerto Rico where the place of arbitration is located, in the courtroom of a superior judge.
History —Jan. 5, 2012, No. 10, § 1.08.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-ii/3242/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter II - Arbitration and Agreement (§§ 3242 — 3242a)›§ 3242 - Arbitration agreement and substantive claim before court
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter II - Arbitration and Agreement (§§ 3242 — 3242a) › § 3242 - Arbitration agreement and substantive claim before court
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(1) A court before which an action is brought in a matter which is the subject of an arbitration agreement shall, if a party so requests not later than when submitting his/her first statement on the substance of the dispute, refer the parties to arbitration unless it finds that the agreement is null and void, inoperative, or incapable of being performed.
(2) When an action referred to in this section has been brought, arbitral proceedings may nevertheless be commenced or continued, and an award may be made, while the issue is pending before the court.
History —Jan. 5, 2012, No. 10, § 2.01.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-ii/3242a/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter II - Arbitration and Agreement (§§ 3242 — 3242a)›§ 3242a - Arbitration agreement and interim measures by court
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter II - Arbitration and Agreement (§§ 3242 — 3242a) › § 3242a - Arbitration agreement and interim measures by court
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It is not incompatible with an arbitration agreement for a party to request, before or during arbitral proceedings, from a court an interim measure of protection and for a court to grant such measure.
History —Jan. 5, 2012, No. 10, § 2.02.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-iii/3243/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter III - Composition of Arbitral Tribunal (§§ 3243 — 3243e)›§ 3243 - Number of arbitrators
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter III - Composition of Arbitral Tribunal (§§ 3243 — 3243e) › § 3243 - Number of arbitrators
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The parties are free to determine the number of arbitrators. Failing such determination, the number of arbitrators shall be three.
History —Jan. 5, 2012, No. 10, § 3.01.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-iii/3243a/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter III - Composition of Arbitral Tribunal (§§ 3243 — 3243e)›§ 3243a - Appointment of arbitrators
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter III - Composition of Arbitral Tribunal (§§ 3243 — 3243e) › § 3243a - Appointment of arbitrators
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(1) No person shall be precluded by reason of his/her nationality from acting as an arbitrator, unless otherwise agreed by the parties.
(2) The parties are free to agree on a procedure for appointing the arbitrator or arbitrators, subject to the provisions of subsections (4) and (5) of this section.
(3) Failing such agreement:
(a) In an arbitration with three arbitrators, each party shall appoint one arbitrator, and the two arbitrators thus appointed shall appoint the third arbitrator. If a party fails to appoint the arbitrator within thirty (30) days of receipt of a request to do so from the other party, or if the two arbitrators fail to agree on the third arbitrator within thirty (30) days of their appointment, the appointment shall be made, upon request of a party, by the court specified in § 3241 of this title.
(b) In an arbitration with a sole arbitrator, if the parties are unable to agree on the arbitrator, the arbitrator shall be appointed, upon request of a party, by the court specified in § 3241 of this title.
(4) Where, under an appointment procedure agreed upon by the parties:
(a) A party fails to act as required under such procedure; or
(b) the parties, or two arbitrators, are unable to reach an agreement under such procedure, or
(c) a third party, including an institution, fails to perform any function entrusted to it under such procedure, any party may request the court or other authority specified in of § 3241f of this title to take the necessary measure, unless the agreement on the appointment procedure provides other means for securing the appointment.
(5) A decision on a matter entrusted by subsection (3) or (4) of this section to the court specified in subsection (3) or (4) of this section is not appealable. The court or other authority in appointing an arbitrator shall have due regard to any qualifications required of the arbitrator by the agreement of the parties and to such considerations that are likely to secure the appointment of an independent and impartial arbitrator. In the case of a sole or third arbitrator, the court shall take into account as well the advisability of appointing an arbitrator of a nationality other than those of the parties.
History —Jan. 5, 2012, No. 10, § 3.02.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-iii/3243b/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter III - Composition of Arbitral Tribunal (§§ 3243 — 3243e)›§ 3243b - Grounds for challenge
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter III - Composition of Arbitral Tribunal (§§ 3243 — 3243e) › § 3243b - Grounds for challenge
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(1) When a person is approached in connection with a possible appointment as an arbitrator, said person must disclose any circumstance likely to give rise to justifiable doubts as to his/her impartiality or independence. An arbitrator, from the time of appointment and throughout the arbitral proceedings, shall disclose any such circumstances to the parties without delay, unless they have already been informed of them by him or her.
(2) An arbitrator may be challenged only if circumstances exist that give rise to justifiable doubts as to the arbitrator's impartiality or independence, or if the arbitrator does not possess qualifications agreed to by the parties. A party may challenge an arbitrator appointed by it, or in whose appointment the party participated, only for reasons of which the party becomes aware after the appointment has been made.
History —Jan. 5, 2012, No. 10, § 3.03.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-iii/3243c/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter III - Composition of Arbitral Tribunal (§§ 3243 — 3243e)›§ 3243c - Challenge procedure
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter III - Composition of Arbitral Tribunal (§§ 3243 — 3243e) › § 3243c - Challenge procedure
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(1) The parties are free to agree on a procedure for challenging an arbitrator, subject to subsection (3) of this section.
(2) Failing such agreement, a party who intends to challenge an arbitrator shall, within fifteen (15) days after becoming aware of the constitution of the arbitral tribunal or after becoming aware of any circumstance referred to in § 3243b of this title, send a written statement of the reasons for the challenge to the arbitral tribunal. Unless the challenged arbitrator withdraws from his/her office or the other party agrees to the challenge, the arbitral tribunal shall decide on the challenge.
(3) If a challenge under any procedure agreed upon by the parties or under the procedures of this section is not successful, the challenging party may request, within thirty (30) days after having received notice of the decision rejecting the challenge, the court specified in § 3241f of this title, to decide on the challenge. The decision of the court is not appealable. While such a request is pending, the arbitral tribunal, including the challenged arbitrator, may continue the arbitral proceedings and make an award.
History —Jan. 5, 2012, No. 10, § 3.04.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-iii/3243d/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter III - Composition of Arbitral Tribunal (§§ 3243 — 3243e)›§ 3243d - Failure or impossibility to act
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter III - Composition of Arbitral Tribunal (§§ 3243 — 3243e) › § 3243d - Failure or impossibility to act
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(1) If an arbitrator becomes de jure or de facto unable to perform his/her functions or for other reasons fails to act without undue delay, his/her mandate terminates if he/she withdraws from office or if the parties agree on the termination. Otherwise, if a controversy remains concerning any of these grounds, any party may request the court specified in § 3241f of this title to decide on the termination of the mandate. The decision of the court is not appealable.
(2) If, under this section or in subsection (2) of § 3243c of this title, an arbitrator withdraws from his/her office or a party agrees to the termination of the mandate of an arbitrator, this does not imply acceptance of the validity of any ground referred to in this section or in subsection (2) of § 3243b of this title.
History —Jan. 5, 2012, No. 10, § 3.05.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-iii/3243e/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter III - Composition of Arbitral Tribunal (§§ 3243 — 3243e)›§ 3243e - Appointment of substitute arbitrator
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter III - Composition of Arbitral Tribunal (§§ 3243 — 3243e) › § 3243e - Appointment of substitute arbitrator
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When the mandate of an arbitrator terminates under § 3243c or 3243d of this title or because of his/her withdrawal from office for any other reason or because of the revocation of the mandate by agreement of the parties or in any other case of termination of the mandate, a substitute arbitrator shall be appointed pursuant to the rules that were applicable to the appointment of the arbitrator being replaced.
History —Jan. 5, 2012, No. 10, § 3.06.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-iv/3244/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter IV - Competence of Arbitral Tribunal (§ 3244)›§ 3244 - Competence of arbitral tribunal to rule on its jurisdiction
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter IV - Competence of Arbitral Tribunal (§ 3244) › § 3244 - Competence of arbitral tribunal to rule on its jurisdiction
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(1) The arbitral tribunal may rule on its own jurisdiction, including any objections with respect to the existence or validity of the arbitration agreement. For that purpose, an arbitration clause that forms part of a contract shall be treated as an agreement independent of the other terms of the contract. A decision by the arbitral tribunal that the contract is null and void shall not entail ipso jure the invalidity of the arbitration clause.
(2) A plea that the arbitral tribunal does not have jurisdiction must be raised not later than the submission of the statement of defense. A party is not precluded from raising such a plea by the fact that said party appointed, or participated in the appointment of, an arbitrator. A plea that the arbitral tribunal is exceeding the scope of its authority shall be raised as soon as the matter alleged to be beyond the scope of its authority is raised during the arbitral proceedings. The arbitral tribunal may, in either case, admit a later plea if it considers the delay justified.
(3) The arbitral tribunal may rule on a plea referred to in this section as a preliminary question or in an award on the merits. If the arbitral tribunal rules as a preliminary question that it has jurisdiction, any party may request, within thirty (30) days after receiving notice of that ruling, that the court specified in § 3241f of this title to decide the matter. The decision of the court is not appealable. While such a request is pending, the arbitral tribunal may continue the arbitral proceedings and make an award.
History —Jan. 5, 2012, No. 10, § 4.01.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-v/3245/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter V - Interim Measures and Preliminary Orders (§§ 3245 — 3245j)›§ 3245 - Power of arbitral tribunal to order interim measures
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter V - Interim Measures and Preliminary Orders (§§ 3245 — 3245j) › § 3245 - Power of arbitral tribunal to order interim measures
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(1) Unless otherwise agreed by the parties, the arbitral tribunal may, at the request of a party, grant interim measures.
(2) An interim measure is any temporary measure, whether in the form of an award or in another form, by which, at any time before the issuance of the award by which the dispute is finally decided, the arbitral tribunal orders a party to:
(a) Maintain or restore the status quo pending determination of the dispute;
(b) take action to prevent, or refrain from taking action that is likely to cause, current or imminent harm or prejudice to the arbitral process itself;
(c) provide a means of preserving assets out of which a subsequent award may be satisfied, or
(d) preserve evidence that may be relevant and material to the resolution of the dispute.
History —Jan. 5, 2012, No. 10, § 5.01.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-v/3245a/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter V - Interim Measures and Preliminary Orders (§§ 3245 — 3245j)›§ 3245a - Conditions for granting interim measures
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter V - Interim Measures and Preliminary Orders (§§ 3245 — 3245j) › § 3245a - Conditions for granting interim measures
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(1) The party requesting an interim measure under clauses (a), (b), or (c) of subsection (2) of § 3245 of this title shall satisfy the arbitral tribunal that:
(a) Harm not adequately reparable by an award of damages is likely to result if the measure is not ordered, and such harm substantially outweighs the harm that is likely to result to the party against whom the measure is directed if the measure is granted, and
(b) there is a reasonable possibility that the requesting party will succeed on the merits of the claim. The determination on this possibility does not affect the discretion of the arbitral tribunal in making any subsequent determination.
(2) With regard to a request for an interim measure under subsection (2)(d) of § 3245 of this title, the requirements in subsection (1) of this section shall apply only to the extent the arbitral tribunal considers appropriate.
History —Jan. 5, 2012, No. 10, § 5.02.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-v/3245b/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter V - Interim Measures and Preliminary Orders (§§ 3245 — 3245j)›§ 3245b - Applications for preliminary orders and conditions for granting preliminary orders
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter V - Interim Measures and Preliminary Orders (§§ 3245 — 3245j) › § 3245b - Applications for preliminary orders and conditions for granting preliminary orders
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(1) Unless otherwise agreed by the parties, a party may, without notice to any other party, make a request for an interim measure together with an application for a preliminary order directing a party not to frustrate the purpose of the interim measure requested.
(2) The arbitral tribunal may grant a preliminary order if it considers that prior disclosure of the request for the interim measure to the party against whom it is directed risks frustrating the purpose of the measure.
(3) The conditions defined in § 3245a of this title shall apply to any preliminary order if the harm to be assessed under subsection (1)(a) of § 3245a of this title is the harm likely to result from the order being granted or not.
History —Jan. 5, 2012, No. 10, § 5.03.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-v/3245c/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter V - Interim Measures and Preliminary Orders (§§ 3245 — 3245j)›§ 3245c - Specific regime for preliminary orders
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter V - Interim Measures and Preliminary Orders (§§ 3245 — 3245j) › § 3245c - Specific regime for preliminary orders
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(1) Immediately after the arbitral tribunal makes a determination in respect of an application for a preliminary order, the arbitral tribunal shall give notice to all parties of the request for the interim measure, the application for the preliminary order, the preliminary order, if any, and all other communications. The notice shall include a description of the content of any oral communication between any party and the arbitral tribunal in relation to any such request or application.
(2) At the same time, the arbitral tribunal shall give an opportunity to any party against whom a preliminary order is directed to present its case at the earliest practicable time.
(3) The arbitral tribunal must decide promptly on any objection to the preliminary order.
(4) A preliminary order shall expire after twenty (20) days from the date on which it was issued by the arbitral tribunal. However, the arbitral tribunal may issue an interim measure adopting or modifying the preliminary order after the party against whom the preliminary order is directed has been given notice and an opportunity to present its case.
(5) A preliminary order shall be binding on the parties but shall not be subject to enforcement by a court. Such preliminary order does not constitute an award.
History —Jan. 5, 2012, No. 10, § 5.04.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-v/3245d/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter V - Interim Measures and Preliminary Orders (§§ 3245 — 3245j)›§ 3245d - Modification, suspension, termination
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter V - Interim Measures and Preliminary Orders (§§ 3245 — 3245j) › § 3245d - Modification, suspension, termination
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The arbitral tribunal may modify, suspend, or terminate an interim measure or a preliminary order it has granted, upon application of any party or, in exceptional circumstances and upon prior notice to the parties, on the arbitral tribunal's own initiative.
History —Jan. 5, 2012, No. 10, § 5.05.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-v/3245e/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter V - Interim Measures and Preliminary Orders (§§ 3245 — 3245j)›§ 3245e - Provision of security
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter V - Interim Measures and Preliminary Orders (§§ 3245 — 3245j) › § 3245e - Provision of security
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(1) The arbitral tribunal may require the party requesting an interim measure to provide appropriate security in connection with the measure.
(2) The arbitral tribunal shall require the party applying for a preliminary order to provide security in connection with the order unless the arbitral tribunal considers it inappropriate or unnecessary to do so.
History Jan. 5, 2012, No. 10, —Jan. 5, 2012, No. 10, § 5.06.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-v/3245f/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter V - Interim Measures and Preliminary Orders (§§ 3245 — 3245j)›§ 3245f - Disclosure
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter V - Interim Measures and Preliminary Orders (§§ 3245 — 3245j) › § 3245f - Disclosure
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(1) The arbitral tribunal may require any party to promptly disclose any material change in the circumstances on the basis of which the interim measure was requested or granted.
(2) The party applying for a preliminary order shall disclose to the arbitral tribunal all circumstances that are likely to be relevant to the arbitral tribunal's determination whether to grant or maintain the order, and such obligation shall continue until the party against whom the order has been requested has had an opportunity to present its case. Thereafter, subsection (1) of this section shall apply.
History —Jan. 5, 2012, No. 10, § 5.07.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-v/3245g/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter V - Interim Measures and Preliminary Orders (§§ 3245 — 3245j)›§ 3245g - Costs and damages
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter V - Interim Measures and Preliminary Orders (§§ 3245 — 3245j) › § 3245g - Costs and damages
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The party requesting an interim measure or applying for a preliminary order shall be liable for any costs and damages caused by the measure or the order to any party if the arbitral tribunal later determines that, in the circumstances, the measure or the order should not have been granted. The arbitral tribunal may award such costs and damages at any point during the proceedings.
History —Jan. 5, 2012, No. 10, § 5.08.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-v/3245h/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter V - Interim Measures and Preliminary Orders (§§ 3245 — 3245j)›§ 3245h - Recognition and enforcement
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter V - Interim Measures and Preliminary Orders (§§ 3245 — 3245j) › § 3245h - Recognition and enforcement
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(1) An interim measure issued by an arbitral tribunal must be recognized as binding and, unless otherwise provided by the arbitral tribunal, enforced upon application to the competent court, irrespective of the country in which it was issued, subject to § 3245i of this title.
(2) The party who is seeking or has obtained recognition or enforcement of an interim measure shall promptly inform the court of the termination, suspension, or modification of the interim measure.
(3) The court where recognition or enforcement is sought may, if it considers it proper, order the requesting party to provide appropriate security if the arbitral tribunal has not already made a determination with respect to security or where such a decision is necessary to protect the rights of third parties.
History —Jan. 5, 2012, No. 10, § 5.09.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-v/3245i/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter V - Interim Measures and Preliminary Orders (§§ 3245 — 3245j)›§ 3245i - Grounds for refusing recognition or enforcement
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter V - Interim Measures and Preliminary Orders (§§ 3245 — 3245j) › § 3245i - Grounds for refusing recognition or enforcement
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(1) Recognition or enforcement of an interim measure may be refused only:
(a) At the request of the party against whom it is invoked if the court is satisfied that:
(i) Such refusal is warranted on the grounds set forth in paragraph (i), (ii), (iii), or (iv) of subsection (a)(1) of § 3249a of this title;
(ii) the arbitral tribunal's decision with respect to the provision of security in connection with the interim measure issued by the arbitral tribunal has not been complied with, or
(iii) the interim measure has been terminated or suspended by the arbitral tribunal or, if so empowered, by a court of the country in which the arbitration takes place or under the law of which that interim measure was granted; or
(b) If the court finds that:
(i) The interim measure is incompatible with the powers conferred upon the court, unless the court decides to reformulate the interim measure to the extent necessary to adapt it to its own powers and procedures for the purpose of enforcing that interim measure and without modifying its substance, or
(ii) any of the grounds set forth in paragraphs (i) and (ii) of subsection (b)(1) of § 3249a of this title apply to the recognition and enforcement of the interim measure.
(2) A determination made by the court on any ground in subsection (1) of this section shall be effective only for purposes of the application to recognize and enforce the interim measure. The court where recognition or enforcement is sought shall not, in making that determination, undertake a review of the substance of the interim measure.
History —Jan. 5, 2012, No. 10, § 5.10.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-v/3245j/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter V - Interim Measures and Preliminary Orders (§§ 3245 — 3245j)›§ 3245j - Court-ordered interim measures
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter V - Interim Measures and Preliminary Orders (§§ 3245 — 3245j) › § 3245j - Court-ordered interim measures
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A court shall have the same power of issuing an interim measure in relation to arbitration proceedings, irrespective of whether the arbitration proceedings are held in this state, as it has in relation to the proceedings in courts. The court shall exercise such power in accordance with its own procedures and in consideration of the specific features of international arbitration.
History —Jan. 5, 2012, No. 10, § 5.11.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vi/3246/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter VI - Conduct of Arbitral Proceedings (§§ 3246 — 3246i)›§ 3246 - Equal treatment of parties
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter VI - Conduct of Arbitral Proceedings (§§ 3246 — 3246i) › § 3246 - Equal treatment of parties
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The parties shall be treated with equality and each party shall be given a full opportunity of presenting its case.
History —Jan. 5, 2012, No. 10, § 6.01.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vi/3246a/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter VI - Conduct of Arbitral Proceedings (§§ 3246 — 3246i)›§ 3246a - Determination of rules of procedure
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter VI - Conduct of Arbitral Proceedings (§§ 3246 — 3246i) › § 3246a - Determination of rules of procedure
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(1) Subject to the provisions of this chapter, the parties may agree on the procedure to be followed by the arbitral tribunal in conducting the proceedings.
(2) Failing such agreement, the arbitral tribunal may, subject to the provisions of this chapter, conduct the arbitration in such manner as it considers appropriate. The power conferred upon the arbitral tribunal includes the power to determine the admissibility, relevance, materiality, and weight of evidence.
History —Jan. 5, 2012, No. 10, § 6.02.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vi/3246b/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter VI - Conduct of Arbitral Proceedings (§§ 3246 — 3246i)›§ 3246b - Place of arbitration
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter VI - Conduct of Arbitral Proceedings (§§ 3246 — 3246i) › § 3246b - Place of arbitration
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(1) The parties may agree on the place of arbitration. Failing such agreement, the place of arbitration shall be determined by the arbitral tribunal having regard for the circumstances of the case, including the convenience of the parties.
(2) Notwithstanding subsection (1) of this section, the arbitral tribunal may, unless otherwise agreed by the parties, meet at any place it considers appropriate for consultation among its members, for hearing witnesses, experts, or the parties, or for inspection of goods, other property, or documents.
History —Jan. 5, 2012, No. 10, § 6.03.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vi/3246c/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter VI - Conduct of Arbitral Proceedings (§§ 3246 — 3246i)›§ 3246c - Commencement of arbitral proceedings
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter VI - Conduct of Arbitral Proceedings (§§ 3246 — 3246i) › § 3246c - Commencement of arbitral proceedings
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Unless otherwise agreed by the parties, the arbitral proceedings in respect of a particular dispute commence on the date on which a request for that dispute to be referred to arbitration is received by the respondent.
History —Jan. 5, 2012, No. 10, § 6.04.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vi/3246d/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter VI - Conduct of Arbitral Proceedings (§§ 3246 — 3246i)›§ 3246d - Language
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter VI - Conduct of Arbitral Proceedings (§§ 3246 — 3246i) › § 3246d - Language
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(1) The parties may agree on the language or languages to be used in the arbitral proceedings. Failing such agreement, the arbitral tribunal shall determine the language or languages to be used in the proceedings. This agreement or determination, unless otherwise specified therein, applies to any written statement by a party, any hearing, and any award, decision, or other communication by the arbitral tribunal.
(2) The arbitral tribunal may order that any documentary evidence be accompanied by a translation into the language or languages agreed upon by the parties or determined by the arbitral tribunal.
History —Jan. 5, 2012, No. 10, § 6.05.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vi/3246e/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter VI - Conduct of Arbitral Proceedings (§§ 3246 — 3246i)›§ 3246e - Statements of claim and defense
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter VI - Conduct of Arbitral Proceedings (§§ 3246 — 3246i) › § 3246e - Statements of claim and defense
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(1) Within the period of time agreed by the parties or specified by the arbitral tribunal, the claimant shall state the facts supporting its claim, the points at issue, and the relief or remedy sought, and the respondent shall state its defense to the claim, unless the parties have otherwise agreed as to the required elements of such statements. The parties may submit with their statements all documents they consider to be relevant or may add a reference to the documents or other evidence they shall submit.
(2) Unless otherwise agreed by the parties, either party may amend or supplement its claim or defense during the course of the arbitral proceedings, unless the arbitral tribunal considers it inappropriate to allow such amendment having regard to the delay in making it.
History —Jan. 5, 2012, No. 10, § 6.06.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vi/3246f/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter VI - Conduct of Arbitral Proceedings (§§ 3246 — 3246i)›§ 3246f - Hearings and written proceedings
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter VI - Conduct of Arbitral Proceedings (§§ 3246 — 3246i) › § 3246f - Hearings and written proceedings
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(1) Subject to any contrary agreement by the parties, the arbitral tribunal shall decide whether to hold oral hearings for the presentation of evidence or for oral argument, or whether the proceedings shall be conducted on the basis of documents and other materials. However, unless the parties have agreed that no hearings will be held, the arbitral tribunal shall hold such hearings at an appropriate stage of the proceedings, if so requested by a party.
(2) The parties shall be given sufficient advance notice of any hearing and of any meeting of the arbitral tribunal for the purposes of inspection of goods, other property, or documents.
(3) All statements, documents, or other information supplied to the arbitral tribunal by one party shall be provided to the other party. Also, any expert report or evidentiary document on which the arbitral tribunal may rely in making its decision shall be provided to the parties
History —Jan. 5, 2012, No. 10, § 6.07.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vi/3246g/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter VI - Conduct of Arbitral Proceedings (§§ 3246 — 3246i)›§ 3246g - Default of a party
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter VI - Conduct of Arbitral Proceedings (§§ 3246 — 3246i) › § 3246g - Default of a party
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Unless otherwise agreed by the parties, if, without showing sufficient cause:
(a) The claimant fails to provide its statement of claim pursuant to subsection (1) of § 3246e of this title, the arbitral tribunal shall terminate the proceedings.
(b) The respondent fails to provide its statement of defense pursuant to subsection (1) of § 3246e of this title, the arbitral tribunal shall continue the proceedings without treating such failure in itself as an admission of the claimant's allegations.
(c) A party fails to appear at a hearing or to produce documentary evidence, the arbitral tribunal may continue the proceedings and make the award on the evidence before it.
History —Jan. 5, 2012, No. 10, § 6.08.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vi/3246h/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter VI - Conduct of Arbitral Proceedings (§§ 3246 — 3246i)›§ 3246h - Expert appointed by arbitral tribunal
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter VI - Conduct of Arbitral Proceedings (§§ 3246 — 3246i) › § 3246h - Expert appointed by arbitral tribunal
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(1) Unless otherwise agreed by the parties, the arbitral tribunal may:
(a) Appoint one or more experts to report to it on specific issues to be determined by the arbitral tribunal.
(b) Require a party to give the expert any relevant information or produce or provide access to any relevant documents, goods, or other property for inspection.
(2) Unless otherwise agreed by the parties, if a party so requests or if the arbitral tribunal considers it necessary, the expert shall, after delivery of a written or oral report, participate in a hearing in which the parties have the opportunity to question the expert and to present expert witnesses in order to testify on the points at issue.
History —Jan. 5, 2012, No. 10, § 6.09.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vi/3246i/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter VI - Conduct of Arbitral Proceedings (§§ 3246 — 3246i)›§ 3246i - Court assistance in taking evidence
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter VI - Conduct of Arbitral Proceedings (§§ 3246 — 3246i) › § 3246i - Court assistance in taking evidence
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The arbitral tribunal, or a party upon the approval of the arbitral tribunal, may request assistance in taking evidence from a competent court of Puerto Rico. The court may execute the request within its competence and according to its rules on taking evidence.
History —Jan. 5, 2012, No. 10, § 6.10.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vii/3247/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter VII - Making of Award and Termination of Proceedings (§§ 3247 — 3247e)›§ 3247 - Rules applicable to substance of dispute
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter VII - Making of Award and Termination of Proceedings (§§ 3247 — 3247e) › § 3247 - Rules applicable to substance of dispute
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(1) The arbitral tribunal shall decide the dispute pursuant to the rules of law chosen by the parties as applicable to the substance of the dispute. Any designation of the law or legal system of a given state or country shall be construed, unless otherwise expressed, as directly referring to the substantive law of that state or country and not to its conflict-of-laws rule.
(2) Failing any designation by the parties, the arbitral tribunal shall apply the law determined by the conflict-of-laws rules that it considers applicable.
(3) The arbitral tribunal shall decide ex aequo et bono or as amiable compositeur, only if the parties have expressly authorized it to do so.
(4) In all cases, the arbitral tribunal shall decide in accordance with the terms of the contract and shall take into account the usages of the trade which apply to the transaction.
History —Jan. 5, 2012, No. 10, § 7.01.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vii/3247a/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter VII - Making of Award and Termination of Proceedings (§§ 3247 — 3247e)›§ 3247a - Decision-making by panel of arbitrators
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter VII - Making of Award and Termination of Proceedings (§§ 3247 — 3247e) › § 3247a - Decision-making by panel of arbitrators
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In arbitral proceedings with more than one arbitrator, any decision of the arbitral tribunal shall be made, unless otherwise agreed by the parties, by a majority of all its members. However, questions of procedure may be decided by a presiding arbitrator, if so authorized by the parties or all members of the arbitral tribunal.
History —Jan. 5, 2012, No. 10, § 7.02.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vii/3247b/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter VII - Making of Award and Termination of Proceedings (§§ 3247 — 3247e)›§ 3247b - Settlement
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter VII - Making of Award and Termination of Proceedings (§§ 3247 — 3247e) › § 3247b - Settlement
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(1) If, during arbitral proceedings, the parties settle the dispute, the arbitral tribunal shall terminate the proceedings and, if requested by the parties and not objected to by the arbitral tribunal, record the settlement in the form of an arbitral award on agreed terms.
(2) An award on agreed terms shall be made pursuant to § 3247c of this title and shall state that it is an award. Such an award has the same status and effect as any other award on the merits of the case.
History —Jan. 5, 2012, No. 10, § 7.03.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vii/3247c/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter VII - Making of Award and Termination of Proceedings (§§ 3247 — 3247e)›§ 3247c - Form and contents of award
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter VII - Making of Award and Termination of Proceedings (§§ 3247 — 3247e) › § 3247c - Form and contents of award
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(1) The award shall be made in writing and shall be signed by the arbitrator or arbitrators. In arbitral proceedings having more than one arbitrator, the signatures of the majority of all members of the arbitral tribunal shall suffice, provided that the reason for any omitted signature is stated.
(2) The award shall state the reasons upon which it is based, unless the parties have agreed that no reasons are to be given or the award is an award on agreed terms under § 3247b of this title.
(3) The award shall state its date and the place of arbitration as determined pursuant to subsection (1) of § 3246b of this title. The award shall be deemed to have been made at that place.
(4) After the award is made, a copy signed by the arbitrators pursuant to subsection (1) of this section shall be delivered to each party.
History —Jan. 5, 2012, No. 10, § 7.04.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vii/3247d/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter VII - Making of Award and Termination of Proceedings (§§ 3247 — 3247e)›§ 3247d - Termination of proceedings
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter VII - Making of Award and Termination of Proceedings (§§ 3247 — 3247e) › § 3247d - Termination of proceedings
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(1) Arbitral proceedings are terminated by the final award or by an order of the arbitral tribunal pursuant to subsection (2) of this section.
(2) The arbitral tribunal shall issue an order for the termination of the arbitral proceedings when:
(a) The claimant withdraws its claim unless the respondent objects to the withdrawal of the claim and the arbitral tribunal recognizes that the respondent has a legitimate interest in obtaining a final settlement of the dispute; or
(b) the parties agree on the termination of the proceedings, or
(c) the arbitral tribunal finds that the continuation of the proceedings has for any other reason become unnecessary or impossible.
(3) The mandate of the arbitral tribunal terminates with the termination of the arbitral proceedings, subject to § 3247e of this title and paragraph 4 of Article 7.07 [sic].
History —Jan. 5, 2012, No. 10, § 7.05.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vii/3247e/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter VII - Making of Award and Termination of Proceedings (§§ 3247 — 3247e)›§ 3247e - Correction and interpretation of award; additional award
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter VII - Making of Award and Termination of Proceedings (§§ 3247 — 3247e) › § 3247e - Correction and interpretation of award; additional award
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(1) Within thirty (30) days after receipt of the award, unless another period of time has been agreed upon by the parties:
(a) A party, with notice to the other party, may request the arbitral tribunal to correct in the award any errors in computation, any clerical or typographical errors, or any errors of similar nature.
(b) If so agreed by the parties, a party, with notice to the other party, may request the arbitral tribunal to give an interpretation of a specific point or part of the award.
If the arbitral tribunal considers the request to be justified, it shall make the correction or give the interpretation within thirty (30) days after the request. The interpretation becomes part of the award.
(2) The arbitral tribunal may correct any error described in subsection (1)(a) of this section, on its own initiative within thirty (30) days after the date of the award.
(3) Unless otherwise agreed by the parties, a party, with notice to the other party, may request, within thirty (30) days after the receipt of the award, the arbitral tribunal to make an additional award as to claims presented in the arbitral proceedings but omitted from the award. If the arbitral tribunal considers the request to be justified, it shall make the additional award within sixty (60) days after the request.
(4) The arbitral tribunal may extend, if necessary, the period of time within which it shall make a correction, interpretation, or additional award pursuant to subsection (1) or (3) of this section.
(5) The provisions of § 3247c of this title shall apply to a correction or interpretation of the award or to an additional award.
History —Jan. 5, 2012, No. 10, § 7.06.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-viii/3248/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter VIII - Recourse Against Award (§ 3248)›§ 3248 - Application to set aside as exclusive recourse against arbitral award
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter VIII - Recourse Against Award (§ 3248) › § 3248 - Application to set aside as exclusive recourse against arbitral award
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(1) Recourse to a court against an arbitral award may be made only by an application to set aside an arbitral award pursuant to subsections (2) and (3) of this section.
(2) An arbitral award may be set aside by the court specified in § 3241f of this title only if:
(a) The party making the application furnishes proof that:
(i) A party to the arbitration agreement was under some incapacity or the arbitration agreement is not valid under the law to which the parties have subjected it or, failing any indication thereon, under the law of Puerto Rico; or
(ii) the party making the application was not given proper notice of the appointment of an arbitrator or of the arbitral proceedings or was otherwise unable to present its case; or
(iii) the award deals with a dispute not contemplated by or not falling within the terms of the submissions to arbitration, or contains decisions on matters beyond the scope of the submission to arbitration. However, if the decisions on matters submitted to arbitration can be separated from those not so submitted, only that part of the award which contains decisions on matters not submitted to arbitration may be set aside, or
(iv) the composition of the arbitral tribunal or the arbitral procedure was not in accordance with the agreement of the parties, unless such agreement was in conflict with a provision of this chapter from which the parties may not derogate, or, failing such agreement, was not in accordance with this chapter; or
(b) The court finds that:
(i) The subject matter of the dispute is not capable of settlement by arbitration under the law of Puerto Rico; or
(ii) the award is in conflict with the public policy of Puerto Rico.
(3) An application to set aside an arbitral award may not be made after three (3) months have elapsed after the date on which the party making that application receives the award or, if a request had been made under § 3247e of this title after the date on which that request had been disposed of by the arbitral tribunal.
(4) The court, when asked to set aside an award may, if appropriate and so requested by a party, suspend the proceedings to set aside the award for a period of time determined by it in order to give the arbitral tribunal an opportunity to resume the arbitral proceedings or to take such other action as in the arbitral tribunal’s opinion shall eliminate the grounds to set aside the award.
History —Jan. 5, 2012, No. 10, § 8.01.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-ix/3249/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter IX - Recognition and Enforcement of Awards (§§ 3249 — 3249a)›§ 3249 - Recognition and enforcement
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter IX - Recognition and Enforcement of Awards (§§ 3249 — 3249a) › § 3249 - Recognition and enforcement
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(1) An arbitral award, irrespective of the country in which it was made, shall be recognized as binding and, upon application in writing to the competent court, shall be enforced subject to this section and § 3249a of this title.
(2) The party relying on an award or applying for its enforcement shall supply the original or copy thereof. If the award is not made in the official languages of Puerto Rico, the court may request the party to supply a translation of the award.
History —Jan. 5, 2012, No. 10, § 9.01.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-ix/3249a/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a)›Subchapter IX - Recognition and Enforcement of Awards (§§ 3249 — 3249a)›§ 3249a - Grounds for refusing recognition or enforcement
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 260 - Puerto Rico International Commercial Arbitration Act (§§ 3241 — 3249a) › Subchapter IX - Recognition and Enforcement of Awards (§§ 3249 — 3249a) › § 3249a - Grounds for refusing recognition or enforcement
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(1) Recognition or enforcement of an arbitral award, irrespective of the country in which it was made, may be refused only:
(a) At the request of the party against whom it is invoked, if that party furnishes to the competent court where recognition or enforcement is sought proof that:
(i) A party to the arbitration agreement was under some incapacity or the arbitration agreement is not valid under the law to which the parties have subjected it or, failing any indication thereon, under the law of the country where the award was made;
(ii) the party against whom the award is invoked was not given proper notice of the appointment of an arbitrator or of the arbitral proceedings or was otherwise unable to present its case; or
(iii) the award deals with a dispute not contemplated by or not falling within the terms of the submission to arbitration, or it contains decisions on matters beyond the scope of the submission to arbitration. However, if the decisions on matters submitted to arbitration can be separated from those not so submitted, that part of the award which contains decisions on matters submitted to arbitration may be recognized and enforced; or
(iv) the composition of the arbitral tribunal or the arbitral procedure was not in accordance with the agreement of the parties or, failing such agreement, was not in accordance with the law of the country where the arbitration took place, or
(v) the award has not yet become binding on the parties or has been set aside or suspended by a court of the country in which, or under the law of which, that award was made; or
(b) If the court finds that:
(i) The subject matter of the dispute is not capable of settlement by arbitration under the laws of Puerto Rico, or
(ii) the recognition or enforcement of the award would be contrary to the public policy of Puerto Rico.
(2) If an application for setting aside or suspension of an award has been made to a court referenced in subsection (1)(a)(v) of this section, the court where recognition or enforcement is sought may, if it considers it proper, adjourn its decision and may also, on the application of the party claiming recognition or enforcement of the award, order the other party to provide appropriate security.
History —Jan. 5, 2012, No. 10, § 9.02.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-265/3341/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 265 - Class Suit for Consumers of Goods and Services (§§ 3341 — 3344)›§ 3341 - Suit for damages
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 265 - Class Suit for Consumers of Goods and Services (§§ 3341 — 3344) › § 3341 - Suit for damages
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There is recognized the right to consumers of goods and services and/or to the Commonwealth of Puerto Rico, through their agencies, dependencies and instrumentalities in their capacity of “parens patriae” to file a class suit on behalf of said consumers by reason of damages as well as injunction suits under Rule 57 of the Rules of Civil Procedure of 1958, for the General Court of Justice, as amended.
History —June 25, 1971, No. 118, p. 362, § 1.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-265/3342/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 265 - Class Suit for Consumers of Goods and Services (§§ 3341 — 3344)›§ 3342 - Suit against monopolies
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 265 - Class Suit for Consumers of Goods and Services (§§ 3341 — 3344) › § 3342 - Suit against monopolies
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There is recognized the right to merchants, to consumers of goods and services and to the Commonwealth of Puerto Rico to file a class suit on behalf of said merchants or consumers based on the Antitrust Act of the Commonwealth, §§ 257-274 of Title 10.
History —June 25, 1971, No. 118, p. 362, § 2.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-265/3343/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 265 - Class Suit for Consumers of Goods and Services (§§ 3341 — 3344)›§ 3343 - Jurisdiction of Court of First Instance
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 265 - Class Suit for Consumers of Goods and Services (§§ 3341 — 3344) › § 3343 - Jurisdiction of Court of First Instance
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The Court of First Instance shall have exclusive primary jurisdiction on class suits filed pursuant to this chapter. Therefore, the court is hereby vested with authority to prevent, avoid, deter and punish any action to the prejudice of the consumers and/or independent merchants [irrespective] of the amount involved, and during the proceeding before final judgment is rendered, the court may enter such restrictive and prohibitive orders as it may deem fair and equitable pursuant to the act giving rise to the action.
In its order or judgment, the Court of First Instance shall impose an amount equal to the damages determined as compensation for damages, plus a reasonable amount not less than twenty-five percent (25%) for attorney’s fees, plus legal interest from the moment the damage is caused and costs of the proceedings. Any judicial action or suit filed individually may be settled through the intervention of the Consumers Service Administration, which shall have thirty (30) days after receiving notice of the settlement by the court to state its position on the matter.
History —June 25, 1971, No. 118, p. 362, § 3; Nov. 16, 2002, No. 269, § 1.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-265/3344/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 265 - Class Suit for Consumers of Goods and Services (§§ 3341 — 3344)›§ 3344 - Prior determination; notice
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 265 - Class Suit for Consumers of Goods and Services (§§ 3341 — 3344) › § 3344 - Prior determination; notice
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When a class suit is commenced pursuant to the provisions of this section, the court shall determine, as soon as possible, whether there exists a common question of fact or of law and that the class suit is superior to other means available for the fair and efficient adjudication of the controversy.
The court shall notify the members of the class in the most practical way possible under the circumstances. Those members of the class who may be identified upon a reasonable effort shall be personally notified.
The notice shall indicate that:
(1) The court shall exclude any member of the class if he so requests it specifically.
(2) The judgment shall include all the members who do not request to be excluded.
(3) Any class member who does not request to be excluded shall, if he so wishes, appear through his attorney.
A class suit commenced under this section shall not be withdrawn or settled without the approval of the court. Petition for dismissal or compromise shall be notified to all class members in the manner provided by the court.
History —June 25, 1971, No. 118, p. 362, § 4.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-i/3351/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter I - General Provisions (§§ 3351 — 3351e)›§ 3351 - Definition
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter I - General Provisions (§§ 3351 — 3351e) › § 3351 - Definition
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A trust is an autonomous estate resulting from the act whereby a trustor transfers property or rights, to be administered by a trustee in favor of a beneficiary or for a specific purpose, according to the provisions of the trust instrument and, in the absence thereof, to the provisions herein set forth.
History —Aug. 31, 2012, No. 219, § 1.
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter I - General Provisions (§§ 3351 — 3351e)›§ 3351a - Autonomous estate
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter I - General Provisions (§§ 3351 — 3351e) › § 3351a - Autonomous estate
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Trust property or rights constitute a fully autonomous estate separate from the personal estate of the trustor, trustee, or beneficiary that is limited to a specific purpose as determined at the time of the constitution thereof.
These assets shall be exempt from any individual or joint action taken by the trustor, trustee, or the beneficiary’s creditors during the existence of the trust, except as provided in §§ 3353i et seq. of this title.
History —Aug. 31, 2012, No. 219, § 2.
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter I - General Provisions (§§ 3351 — 3351e)›§ 3351b - Ownership
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter I - General Provisions (§§ 3351 — 3351e) › § 3351b - Ownership
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During the effectiveness of the trust, all trust assets shall constitute the autonomous estate of the Trustee, and the beneficiary shall hold a beneficial interest that is fulfilled upon termination of the trust unless it includes income or assets that may be received periodically before that.
History —Aug. 31, 2012, No. 219, § 3.
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter I - General Provisions (§§ 3351 — 3351e)›§ 3351c - Duties and powers of the parties
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter I - General Provisions (§§ 3351 — 3351e) › § 3351c - Duties and powers of the parties
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The nature and extent of the duties and powers of the parties shall be determined by the trust instrument. If such instrument does not provide therefor, such duties and powers shall be determined by this chapter.
History —Aug. 31, 2012, No. 219, § 4.
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter I - General Provisions (§§ 3351 — 3351e)›§ 3351d - Special Trust Registry
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter I - General Provisions (§§ 3351 — 3351e) › § 3351d - Special Trust Registry
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The Special Trust Registry is hereby created, attached to the Notarial Inspection Office of the Judicial Branch, which shall issue regulations with regards to requirements and the manner in which the Registry shall be established.
Every trust constituted in Puerto Rico shall be recorded in the Special Trust Registry under penalty of nullity.
Recordation shall include the following:
(a) Name of the trust being constituted;
(b) date and place of constitution;
(c) deed number and name of the notary before whom it was executed, if applicable;
(d) name and address of the trustor;
(e) name and address of the trustee(s) and the substitute(s) thereof, if any;
(f) name and address of the beneficiary or beneficiaries and the substitutes thereof, if any.
The notary before whom the trust instrument was executed shall be required to notify the same to the Notarial Inspection Office not later than the first ten days of the month following the execution thereof.
History —Aug. 31, 2012, No. 219, § 5.
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter I - General Provisions (§§ 3351 — 3351e)›§ 3351e - Effective term of a trust
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter I - General Provisions (§§ 3351 — 3351e) › § 3351e - Effective term of a trust
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The effective term of a trust shall not exceed seventy-five (75) years after the constitution thereof, except in the case of persons with disabilities, which trusts shall last ninety (90) years or the length of the life of the beneficiary with disabilities, whichever is greater.
If the trust is constituted for an indefinite or longer term, said trust shall be valid for a term of ninety (90) years. However, if the trustor had expressed an intention for the trust not to be valid for the shorter term, the trust shall be null.
This provision shall not affect charitable trusts, which may be indefinite.
History —Aug. 31, 2012, No. 219, § 6.
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352 - Form
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352 - Form
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Inter Vivos trust shall expressly state the intention to create a trust through a deed.
Testamentary trusts may also be created in accordance with the requirements set forth by law.
Trusts in Puerto Rico shall be irrevocable.
History —Aug. 31, 2012, No. 219, § 7.
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352a - Content
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352a - Content
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The trust instrument shall specify:
(a) The date and the place where a trust is created;
(b) the express statement of the intention to create said trust;
(c) the name of the trust being created;
(d) a description of the trust property, or the portion thereof, subject to the trust. If such description is not possible at the time of constitution, a description of the requirements and characteristics of the property must be included;
(e) the designation of the person who may include other assets in the trust and, in that case, the manner in which such other assets may be included;
(f) the full and clear designation of the trustor, the trustee, and the beneficiary or substitutes thereof, if it applies. In case of future beneficiaries or types of beneficiaries, sufficient circumstances for their designation must be included;
(g) The powers and duties of the trustee and any prohibitions and limitations imposed thereon while administering the trust;
(h) any rights reserved by the trustor;
(i) the term or conditions, as the case may be, to which the trust is subject;
(j) the rules for accumulation, distribution, or disposition of the assets, income and proceeds of the trust assets; and
(k) any other clause that the trustor may wish to include; provided, that it is not contrary to the law, morality, or public order.
History —Aug. 31, 2012, No. 219, § 8.
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352b - Subject matter of the trust
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352b - Subject matter of the trust
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A trust is created only upon designation of the assets that shall constitute the trust property.
Any type of assets, whether existing or future, tangible or intangible, real or personal property, or livestock, may be held in a trust. Trusts may be created to hold determined or determinable assets and all or part of an estate.
If a trust is created to hold future assets, an autonomous estate shall not be constituted until such assets are effectively transferred to the trust. Upon the creation of a trust, the trustor or a third party designated by the same may add or substitute trust assets with the consent of the trustee, insofar as it does not hinder the purpose of the trust.
The provisions of the Civil Code and civil law in general on this convention shall govern the application of the provisions of this section.
History —Aug. 31, 2012, No. 219, § 9.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352c/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352c - The legitime in trust
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352c - The legitime in trust
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The provisions of § 2367 of Title 31 notwithstanding, the legitime may be placed in a trust -that is, the legal portion and the extra portion- of an underage or disabled legatee, provided that the latter is designated as sole beneficiary of both income and principal.
If it has not been previously terminated because the legatee has reached legal age or no longer suffers a disability, trusts thus created are terminated when the minor is emancipated, the disability ends, or the legatee dies.
The testator may place in a trust the third of an estate that constitutes the extra portion in favor of one or some of his children or descendants subject to the provisions of § 3351e of this title.
History —Aug. 31, 2012, No. 219, § 10.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352d/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352d - Trusts on real property
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352d - Trusts on real property
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Real property held in a trust shall be recorded in the Property Registry under the name of the trust.
History —Aug. 31, 2012, No. 219, § 11.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352e/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352e - Purpose of the trust
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352e - Purpose of the trust
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A trust may be created for any purpose, insofar as such purpose is contrary to the law, morality, or public order.
History —Aug. 31, 2012, No. 219, § 12.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352f/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352f - Who may be a trustor
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352f - Who may be a trustor
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Any natural or juridical person with the capacity to create a trust in favor of a beneficiary or for a specific purpose may be a trustor.
An inter vivos trust may have more than one trustor.
History —Aug. 31, 2012, No. 219, § 13.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352g/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352g - Capacity of the trustor
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352g - Capacity of the trustor
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A natural person has the capacity to be a trustor to the extent that he has the capacity to transfer property free of trust inter vivos or mortis causa.
A juridical person has the capacity to be a trustor to the extent that it has the capacity by law to transfer the trust property to a particular trust.
Government entities authorized by law may hold their own assets in a trust and act as trustees thereof in order to further their purposes through a statement made according to the formalities herein established. Government entities may act as trustees if the purposes of the trust are within the objectives of such entity.
History —Aug. 31, 2012, No. 219, § 14.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352h/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352h - Reservation of right
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352h - Reservation of right
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In the trust instrument, a trustor may reserve the right to modify such trust, whether in whole or in part, either for himself or to delegate such right to a third-party.
History —Aug. 31, 2012, No. 219, § 15.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352i/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352i - Trustee
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352i - Trustee
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The trustee is the natural or juridical person designated in the trust instrument to administer the trust property in favor of the beneficiary according to the provisions of such trust instrument.
History —Aug. 31, 2012, No. 219, § 16.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352j/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352j - Capacity of the trustee
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352j - Capacity of the trustee
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A natural person has the capacity to be a trustee to the extent that he has the capacity to administer the trust property for his own benefit.
A juridical person has the capacity to be a trustee to the extent that it has the capacity and authority by law to administer the trust property for a particular trust.
The trustor can be a trustee.
The beneficiary can be a trustee, provided he is not the sole beneficiary. If the trust has several beneficiaries, they can all be trustees.
The State can be a trustee, provided that it is expressly empowered by law for a particular trust.
History —Aug. 31, 2012, No. 219, § 17.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352k/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352k - Multiple trustees
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352k - Multiple trustees
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The trustor may designate multiple trustees to carry out duties jointly or successively by indicating the order and terms under which they must operate jointly or successively, as the case may be.
History —Aug. 31, 2012, No. 219, § 18.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352l/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352l - Successor trustees
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352l - Successor trustees
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The trustor may designate one or more successor trustees in the trust instrument in the event of unwillingness to act of the person so designated or removal of the trustee for any reason. The trustor may delegate the designation of a successor trustee himself or to a third party.
If the trust instrument fails to set forth the manner in which a vacancy shall be filled, the successor trustee shall be designated by the court.
In modifiable trusts, the trustor, or the person so authorized by the trustor, may replace the trustee or designate new trustees at any time following the same formalities with which the trust instrument was executed.
History —Aug. 31, 2012, No. 219, § 19.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352m/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352m - Acceptance of the designee in testamentary trusts
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352m - Acceptance of the designee in testamentary trusts
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A person designated as trustee who has not yet accepted the trusteeship may reject the trusteeship, but may not accept part of it and reject the other. A designated trustee who does not accept the trusteeship within a term of sixty (60) days, is deemed to have rejected the trusteeship, unless a competent court rules that a longer term is necessary given the particular circumstances. A person designated as trustee accepts the trusteeship by substantially complying with the method of acceptance provided by the trustor in the terms of the trust. If the terms of the trust do not provide for this method or the method provided in the terms is not expressly made inclusive, the trustee may state such acceptance by executing the trust or a separate instrument.
However, a person designated as trustee, before accepting, may:
(a) Act to preserve the trust property if, within a reasonable time after acting, the person sends a rejection of the trusteeship to the trustor or his heirs.
(b) Inspect or investigate trust property to determine potential liability.
History —Aug. 31, 2012, No. 219, § 20.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352n/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352n - Lack of testamentary trustee
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352n - Lack of testamentary trustee
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A testamentary trust shall not become null because the designated trustee rejects such designation or, having accepted the same, ceases to be the trustee for any reason, unless the express intent of the trustor was that only the designated person could be the trustee or that, given the nature of the trust, only the designated person could be the trustee. In such cases, the provisions of § 3352l of this title.
History —Aug. 31, 2012, No. 219, § 21.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352o/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352o - Powers of the trustee
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352o - Powers of the trustee
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The trustee may only exercise the powers:
(a) Granted by the trustor to him in the trust instrument; and
(b) granted by law, provided they are necessary and convenient to fulfill the purposes of the trust, unless such powers are prohibited by the terms thereof.
If the trustor grants the trustee discretion in the exercise of a particular power, such exercise shall not be subject to judicial review unless it is to prevent abuse of the discretion granted.
History —Aug. 31, 2012, No. 219, § 22.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352p/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352p - Powers of disposition
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352p - Powers of disposition
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Upon acceptance of the designation, the trustee may dispose of or encumber the trust property when the purposes of the trust so warrant without the need for the consent of the trustor or the beneficiary, unless there was an agreement to the contrary. The trustee is empowered to take any actions as appropriate to defend the trust property against third parties as well as against the beneficiary.
History —Aug. 31, 2012, No. 219, § 23.
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352q - Powers of administration
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352q - Powers of administration
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With regards to the administration of the trust, the trustee shall also represent the trust and have the power to:
(a) Accept additions to the trust property;
(b) continue the business or other enterprise and incorporate, dissolve, or otherwise changing the form of business organization;
(c) make final and binding decisions regarding what constitutes trust principal and what constitutes trust income;
(d) invest and reinvest the trust money, while ensuring to reduce risk through investment diversification, unless it is not prudent under the circumstances; deposit trust money in any bank, even when the bank selected is operated by the trustee;
(e) administer, develop, improve, exchange, partition, or modify any property of the trust or disclaim any interest therein; make any necessary ordinary or extraordinary improvements in and repairs to the buildings held under the trust, or demolish improvements, and erect new structures or make new improvements;
(f) insure the property of the trust against damage or loss, and insures the trustee against liability from third parties.
(g) enter into leasing contracts, even though these may extend beyond the duration of the trust;
(h) take loans to be paid with the assets of the trust or otherwise; advance his own money for the protection of the trust and to pay for expenses, losses, and liabilities incurred in the administration of the trust, which advance plus the interest thereon shall give rise to a lien against the trust property for which the beneficiary shall be chargeable; credit receipts or charge expenditures to income or principal in accordance with the law; charge the trust for his compensation or expense reimbursements in accordance with §§ 3352v and 3352w of this title;
(i) pay or contest any claim, settle a claim by and against the trust through arbitration, mediation, or otherwise; release, in whole or in part, a claim belonging to the trust, insofar as such claim is uncollectible or has been satisfied, and to pay taxes of any kind;
(j) contract with attorneys, accountants, investment advisors and agents, even when the same are somehow associated to the trustee to provide the trustee with advice and assistance in the discharge of administrative duties and to hire agents to carry out administrative duties rather than acting personally;
(k) prosecute or defend an action, claim, or judicial proceeding to protect the trust and trust property and the trustee and the trustee’s property in the performance of the trustee’s duties; and
(l) sign and deliver instruments as necessary or convenient in the performance of the trustee’s duties.
History —Aug. 31, 2012, No. 219, § 24.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352r/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352r - Power to deviate from the terms of the trust
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352r - Power to deviate from the terms of the trust
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The trustee has the power to deviate from the terms of the trust upon authorization of the court, in the following cases:
(a) If, compliance therewith, because of circumstances not known to or anticipated by the trustor, would defeat or substantially impair accomplishment of trust purposes, in which case, the court may direct or permit the trustee to do acts which are not authorized or are forbidden by the terms of the trust. However, if such circumstances were known to or should have been known to the trustor, the trustor shall be liable if he fails to apply court authorization to deviate;
(b) if compliance with any instruction becomes unlawful;
(c) if compliance with any instruction becomes impossible;
(d) if following the instructions may cause serious damage to the trust property or poses a risk of loss or harm thereto.
The trustee may deviate from the terms of the trust, as provided in subsection (a) of this section, without first obtaining the authorization of the court if there is an emergency or if the trustee reasonably believes that there is an emergency and before deviating the trustee had no opportunity to apply to the court for permission to deviatae.
History —Aug. 31, 2012, No. 219, § 25.
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352s - Exercise of powers when there is more than one trustee
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352s - Exercise of powers when there is more than one trustee
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If a trust has more than one trustee, all trustees must exercise the powers conferred, except as otherwise provided in the trust instrument. However, if the co-trustees fail to reach unanimous agreements, co-trustees may act according to the majority.
If one or more of them rejects the designation, or for whatever reason ceases to be a trustee after having accepted the trusteeship, powers shall be exercised by the remaining trustee or trustees until a successor is designated in accordance with Section 19, except as otherwise provided in the terms of the trust.
History —Aug. 31, 2012, No. 219, § 26.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352t/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352t - Duties of the trustee
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352t - Duties of the trustee
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Upon acceptance of trusteeship, the trustee is required to:
(a) Administer the trust in good faith in accordance with the terms and purposes thereof, the provisions of this chapter, and the best interest of the beneficiary, while ensuring that all actions necessary to achieve the purposes of the trust are taken;
(b) within a reasonable timeframe after accepting the trusteeship or receiving the trust property, review trust property and, if necessary, make decisions related to the retention and disposition of assets in order to properly fulfill the purposes, terms, and distribution requirements of the trust, as well as decisions related to other circumstances of the trust, and to the fulfillment of the requirements of this chapter.
(c) make an inventory of the trust property and rights thereon before beginning to discharge the trustee duties and before making the restitution to the beneficiary upon termination thereof.
(d) invest and administer the trust property solely in the interests of the beneficiaries;
(e) if a trust has two or more beneficiaries, act impartially in investing and administering the trust property, giving due regard to the beneficiaries” respective interests;
(f) exercise reasonable care and skill as a prudent and reasonable person would when administering the trustee’s own affairs; and, if the trustee has special skills or expertise; or if the trustee is named trustee in reliance upon the trustee’s representation that the trustee has special skills or expertise, the trustee shall use such special skills or expertise.
(g) in investing and administering the trust property, a trustee incur only in costs that are appropriate and reasonable in relation to such property, the purposes of the trust, and the skills of the trustee;
(h) not delegate to other persons the performance of acts that he could reasonably be required to perform personally;
(i) delegate investment and asset management functions that a prudent trustee of comparable skills could properly delegate under the circumstances. The trustee has the duty to exercise reasonable care, skill, and caution in the following:
(1) Selecting an agent;
(2) establishing the scope and terms of the delegation consistent with the purposes and terms of the trust; and
(3) periodically reviewing the agent’s actions in order to monitor the agent’s compliance with the terms of the delegation.
In performing a delegated function, an agent owes a duty to the trust to exercise reasonable care to comply with the terms of the delegation. By accepting the delegation of the duties from the trustee of a trust created under this chapter, the agent submits to the jurisdiction of the courts of Puerto Rico.
The trustee shall be required to notify in writing the contents of this section to the agent to whom the trustee is delegating. A trustee who meets the requirements of this section is not liable to the beneficiaries or to the trust for the decisions or actions of the agent to whom the action was delegated.
(j) have the funds or property of the trust in separate accounts, so that they may never be confused or mixed-up with others that are not part of the trust;
(k) administer the interests of the beneficiary of income and the beneficiary of principal with due impartiality;
(l) dispose of the trust property only in the manner set forth in the trust;
(m) provide the beneficiary, upon his request at reasonable times, with the distributions or payments, as well as complete and accurate information as to the nature and amount of the trust property, and allow the beneficiary or a person duly authorized by him to inspect the subject matter of the trust, accounts, vouchers, and other documents relating to the trust;
(n) take reasonable steps to enforce claims of the trust against third parties and to defend claims against the trust when these could result in losses thereto, unless it is reasonable not to under the circumstances;
(o) keep and render clear and accurate accounts regarding the administration of the trust in accordance with the trust instrument. If the document fails to provide therefor, a report on those accounts must be provided to the beneficiary at least once a year and at the termination of the trust, regardless of the reason. If the trustee fails to keep accounts or if the same are not clear and accurate, the trustee shall be liable for any losses or expenses attributable to the trustee’s omission. The trust shall remain in effect until a final account is rendered; and
(p) dispose of all the remaining trust property upon its termination through the appropriate alienation, in accordance with the terms of the trust instrument.
History —Aug. 31, 2012, No. 219, § 27.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352u/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352u - Self-dealing prohibition
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352u - Self-dealing prohibition
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The trustee may not lend trust funds to himself or his dependents or partners, nor buy trust property for himself or a third-party, either in private sale or public auction, without prejudice to the trustee’s authorization in the trust instrument.
History —Aug. 31, 2012, No. 219, § 28.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352v/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352v - Compensation
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352v - Compensation
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The trustor may set the trustee’s compensation in the trust instrument. If the terms of the trust do not specify the trustee’s compensation, the court shall set the turstee’s compensation, if the trustor does not prohibit it, taking into account the nature of the trust, the trust property value, and the relevance of the trustee’s duties.
The trustee may withhold trust property for compensation and justify it in the next account, unless otherwise provided in the trust instrument. However, if the trustee fails to comply with his fiduciary duties, the court in its discretion may deny him all compensation, or allow more or less compensation.
History —Aug. 31, 2012, No. 219, § 29.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352w/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352w - Indemnity for expenses incurred
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352w - Indemnity for expenses incurred
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A trustee is entitled to indemnity from the trust property for expenses properly incurred in the administration of the trust. The trustee may also be indemnified as provided by the trustor.
If the trust property is not sufficient to indemnify a trustee for expenses properly incurred by him in the administration of a trust, a beneficiary shall not be personally liable to the trustee, unless otherwise agreed between them.
The beneficiary shall be personally liable to the trustee for expenses duly incurred during the administration of the trust if, being entitled to indemnity, the trustee transfers trust property to the trust without deducting indemnifiable expenses, but only up to the amount of the value of the transferred assets, unless the trustee had expressed his intent to waive indemnity.
History —Aug. 31, 2012, No. 219, § 30.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352x/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352x - Non-reimbursable expenses
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352x - Non-reimbursable expenses
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If an expense is not properly incurred in the administration of a trust, a trustee shall not be entitled to indemnity from the trust property, unless:
(a) The trustee has conferred a benefit upon trust property, in which case the indemnity shall only be made to the extent of the benefit conferred:
(b) the transaction in which the expense is incurred is of such a character that the beneficiary would be in a position either to reject or accept it, and he would have accepted it, in which case the trustee is entitled to indemnity for the full amount of the expense.
The provision in the preceding paragraph shall also apply to any contractual or tort liability in which the trustee may have incurred in the administration of the trust.
History —Aug. 31, 2012, No. 219, § 31.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352y/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352y - Resignation of trustee
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352y - Resignation of trustee
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Upon acceptance of trusteeship, a trustee may resign, upon written notice to the beneficiary and the cotrustees, if any, or with the approval of the court or the consent of all beneficiaries.
The court may authorize such resignation insofar as it does not prove detrimental to the administration of the trust, or if compelling him to carry out such duties could prove unreasonably onerous to the trustee.
History —Aug. 31, 2012, No. 219, § 32.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352z/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3352z - Grounds for removal of the trustee
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3352z - Grounds for removal of the trustee
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The court may remove a trustee on its own initiative or at the request of any person authorized therefor under the terms of the trust:
(a) If the trustee’s own interests are incompatible with the purposes of the trust;
(b) if the trustee misappropriated funds, committed fraud, or was negligent in the administration of trust property; or
(c) because of disability or unfitness of the trustee.
History —Aug. 31, 2012, No. 219, § 33.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3353/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3353 - Beneficiary
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3353 - Beneficiary
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The beneficiary is a natural or juridical person, government entity, or partnership that benefits from the income, the principal, or both. It may also be a person who does not exist at the time the trust was created, but is expected to exist within the term established in § 3351e of this title.
History —Aug. 31, 2012, No. 219, § 34.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3353a/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3353a - Types of beneficiary
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3353a - Types of beneficiary
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The beneficiary of income is a distributee of periodical income or the person in the interest of whom such income is accumulated.
The beneficiary of principal is the person who, upon the termination of the trust, shall receive the principal.
History —Aug. 31, 2012, No. 219, § 35.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3353b/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3353b - Capacity of the beneficiary
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3353b - Capacity of the beneficiary
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A beneficiary may be a natural or juridical person, government entity, or partnership that may or may not exist when the trust was created; in this last case, sufficient circumstances must be provided to ascertain the beneficiary.
The trustor may be a beneficiary of the trust, even if the trustor is the sole beneficiary.
The trustee may be a beneficiary; provided, that the trustee is not the sole beneficiary or, if the trustee is the sole beneficiary, the trust shall have at least one more designated trustee.
The members of a defined class of persons may be trust beneficiaries.
History —Aug. 31, 2012, No. 219, § 36.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3353c/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3353c - Multiple beneficiaries; successors
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3353c - Multiple beneficiaries; successors
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In a single trust, the trustor may designate one or more beneficiaries and such successors as the trustor may wish in case that the beneficiary cannot or does not accept the trust, or having accepted it, dies before the same is executed.
If two or more beneficiaries have been designated, they shall receive equal benefits, unless otherwise provided in the trust instrument.
History —Aug. 31, 2012, No. 219, § 37.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3353d/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3353d - Remedies available to the beneficiary
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3353d - Remedies available to the beneficiary
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The beneficiary, or the legal counsel thereof, may seek in court the appropriate remedies to:
(a) Compel the trustee to perform the trustee’s duties or enjoin the trustee from committing a breach of trust;
(b) compel the trustee to redress the trust for damages caused for breach of trust;
(c) request the appointment of a special fiduciary to take possession of the trust property and administer the trust;
(d) request the removal of the trustee; and
(e) require the trustee to pay any amount of money or to immediately and unconditionally restore trust property to which the beneficiary is entitled under the terms of the trust.
If the trust has multiple beneficiaries, any of them may seek the remedies set forth herein. However, if any of the beneficiaries is incapacitated, or if the beneficiaries are unable to reach an agreement as to the remedy, the court shall grant the remedy deemed more appropriate to achieve the purposes of the trust.
History —Aug. 31, 2012, No. 219, § 38.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3353e/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3353e - Death of a beneficiary
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3353e - Death of a beneficiary
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If a trust has several beneficiaries and one of them dies, the trust instrument shall provide the manner in which to dispose of said interest.
If the trust has several income beneficiaries and one or several beneficiaries of principal who must receive said income upon the death of the last income beneficiary, in the event of death of one of the income beneficiaries, the other income beneficiaries shall accumulate said interest until the last income beneficiary dies, except as otherwise provided in the trust instrument.
History —Aug. 31, 2012, No. 219, § 39.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3353f/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3353f - Trust income and principal
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3353f - Trust income and principal
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Trust income is the proceeds, in money or in kind, from the use of the principal.
The trust principal is composed of the trust property allocated by the trustor, or another person with the power to do so, to be delivered to the beneficiary of principal provided that, until they are to be delivered, any income generated by such property is delivered to or accumulated for the income beneficiary.
History —Aug. 31, 2012, No. 219, § 40.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3353g/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3353g - Credit or charge to trust income or principal
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3353g - Credit or charge to trust income or principal
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Trust receipts shall be credited and expenditures charged to income or principal, in whole or in part, in the terms of the trust. If the trust does not provide the item to which such receipts and expenditures shall be charged or credited, respectively, it shall be done according to what is just and reasonable to the interest of both beneficiaries and to what an average prudent person would do while administering his own affairs.
However, if the terms of the trust empower the trustee to credit a receipt or charge an expenditure to trust income or principal, or partially to each, failure of the trustee to act in accordance with this chapter shall not entail imprudence or prejudice.
History —Aug. 31, 2012, No. 219, § 41.
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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3353h/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576)›Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a)›PART V - Other Actions (§§ 2951 — 3355a)›Chapter 266 - Trust Act (§§ 3351 — 3355a)›Subchapter II - Private Trusts (§§ 3352 — 3353aa)›§ 3353h - Rights of the income beneficiary
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2023 Laws of Puerto Rico › TITLE THIRTY-TWO - Code of Civil Procedure (§§ 1 — 3576) › Subtitle 4 - Special Legal Proceedings Law (§§ 2241 — 3355a) › PART V - Other Actions (§§ 2951 — 3355a) › Chapter 266 - Trust Act (§§ 3351 — 3355a) › Subchapter II - Private Trusts (§§ 3352 — 3353aa) › § 3353h - Rights of the income beneficiary
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Income beneficiaries are entitled to such income as of the date set by the trustor in the trust instrument or, if such a date has not been set, as of the date in which the property becomes part of the trust principal.
Upon termination of his right to trust income, such beneficiary or his heirs shall be entitled to:
(a) Undistributed income as of the date of termination;
(b) income owed but not paid to the trustee as of the date of termination; and
(c) income in periodic payments, other than corporate distributions, such as rent, interests, and annuities not yet due as of the date of termination and earned on a day-to-day basis.
History —Aug. 31, 2012, No. 219, § 42.
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