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https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-259/3222/
PR
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
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
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 t...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-259/3223/
PR
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; correcti...
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
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 ...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-259/3224/
PR
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, mod...
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
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 motion...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-259/3225/
PR
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
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
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....
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-259/3226/
PR
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
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
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, affi...
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
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
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.
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-259/3228/
PR
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
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
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.
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-259/3229/
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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
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
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 agreement...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-i/3241/
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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 — 32...
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 (§§ 324...
(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...
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 — 32...
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 (§§ 324...
(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 certai...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-i/3241b/
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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 — 32...
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 (§§ 324...
(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 whi...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-i/3241c/
PR
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 — 32...
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 (§§ 324...
(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 comm...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-i/3241d/
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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 — 32...
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 (§§ 324...
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 there...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-i/3241e/
PR
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 — 32...
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 (§§ 324...
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.
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-i/3241f/
PR
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 — 32...
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 (§§ 324...
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.
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-ii/3242/
PR
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 — 32...
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...
(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, inoperati...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-ii/3242a/
PR
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 — 32...
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...
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.
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-iii/3243/
PR
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 — 32...
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 ...
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.
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-iii/3243a/
PR
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 — 32...
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 ...
(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 ag...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-iii/3243b/
PR
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 — 32...
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 ...
(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...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-iii/3243c/
PR
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 — 32...
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 ...
(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 ...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-iii/3243d/
PR
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 — 32...
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 ...
(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 part...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-iii/3243e/
PR
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 — 32...
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 ...
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 pursu...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-iv/3244/
PR
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 — 32...
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 Tr...
(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 b...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-v/3245/
PR
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 — 32...
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 Preli...
(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, t...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-v/3245a/
PR
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 — 32...
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 Preli...
(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 i...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-v/3245b/
PR
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 — 32...
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 Preli...
(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 ...
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 — 32...
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 Preli...
(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. T...
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 — 32...
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 Preli...
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.
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-v/3245e/
PR
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 — 32...
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 Preli...
(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 inap...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-v/3245f/
PR
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 — 32...
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 Preli...
(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...
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 — 32...
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 Preli...
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 awa...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-v/3245h/
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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 — 32...
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 Preli...
(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 obtaine...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-v/3245i/
PR
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 — 32...
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 Preli...
(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 arbit...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-v/3245j/
PR
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 — 32...
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 Preli...
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 conside...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vi/3246/
PR
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 — 32...
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 Proce...
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.
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 — 32...
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 Proce...
(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 appropriat...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vi/3246b/
PR
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 — 32...
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 Proce...
(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, u...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vi/3246c/
PR
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 — 32...
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 Proce...
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.
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vi/3246d/
PR
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 — 32...
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 Proce...
(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...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vi/3246e/
PR
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 — 32...
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 Proce...
(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 e...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vi/3246f/
PR
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 — 32...
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 Proce...
(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 heari...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vi/3246g/
PR
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 — 32...
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 Proce...
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 subs...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vi/3246h/
PR
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 — 32...
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 Proce...
(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 pro...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vi/3246i/
PR
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 — 32...
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 Proce...
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.
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vii/3247/
PR
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 — 32...
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 Term...
(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...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vii/3247a/
PR
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 — 32...
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 Term...
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 t...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vii/3247b/
PR
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 — 32...
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 Term...
(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 pur...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vii/3247c/
PR
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 — 32...
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 Term...
(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 st...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-260/subchapter-vii/3247d/
PR
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 — 32...
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 Term...
(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 wi...
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 — 32...
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 Term...
(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 natu...
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 — 32...
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 ...
(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 th...
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 — 32...
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 Enforceme...
(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 origina...
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 — 32...
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 Enforceme...
(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 agr...
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)›§ ...
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
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 ...
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)›§ ...
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
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.
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)›§ ...
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
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, a...
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)›§ ...
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
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 not...
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 (§§ ...
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
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. 3...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-i/3351a/
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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 (§§ ...
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
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, trus...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-i/3351b/
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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 (§§ ...
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
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, N...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-i/3351c/
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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 (§§ ...
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 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.
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-i/3351d/
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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 (§§ ...
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 Regist...
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 un...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-i/3351e/
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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 (§§ ...
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 ...
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 indef...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352/
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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 (§§ 335...
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
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.
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352a/
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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 (§§ 335...
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
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...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352b/
PR
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 (§§ 335...
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 ...
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 ...
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 (§§ 335...
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
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...
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 (§§ 335...
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 propert...
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.
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 (§§ 335...
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
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.
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 (§§ 335...
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
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.
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352g/
PR
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 (§§ 335...
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 trusto...
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 enti...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352h/
PR
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 (§§ 335...
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
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.
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352i/
PR
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 (§§ 335...
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
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.
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 (§§ 335...
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 truste...
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 trus...
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 (§§ 335...
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
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.
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 (§§ 335...
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
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 fo...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352m/
PR
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 (§§ 335...
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 desi...
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 th...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352n/
PR
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 (§§ 335...
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 t...
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 des...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352o/
PR
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 (§§ 335...
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
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 exerci...
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 (§§ 335...
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
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...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352q/
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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 (§§ 335...
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 administrati...
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 deci...
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 (§§ 335...
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 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...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352s/
PR
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 (§§ 335...
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 whe...
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 reas...
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 (§§ 335...
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
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) wi...
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 (§§ 335...
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 prohibiti...
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.
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 (§§ 335...
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
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 th...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352w/
PR
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 (§§ 335...
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...
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 tr...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352x/
PR
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 (§§ 335...
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 expen...
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 i...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352y/
PR
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 (§§ 335...
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
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 comp...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3352z/
PR
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 (§§ 335...
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 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 ...
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 (§§ 335...
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
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, ...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3353a/
PR
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 (§§ 335...
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
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.
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3353b/
PR
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 (§§ 335...
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 benefi...
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 beneficiar...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3353c/
PR
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 (§§ 335...
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...
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 benefi...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3353d/
PR
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 (§§ 335...
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, 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...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3353e/
PR
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 (§§ 335...
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
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 ev...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3353f/
PR
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 (§§ 335...
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 princ...
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...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3353g/
PR
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 (§§ 335...
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 tr...
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 in...
https://law.justia.com/codes/puerto-rico/title-thirty-two/subtitle-4/part-v/chapter-266/subchapter-ii/3353h/
PR
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 (§§ 335...
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 b...
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)...