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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xi/chapter-349/subchapter-iv/4681/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XI - Depositum (§§ 4621 — 4715)›Chapter 349 - Depositum Properly Speaking (§§ 4641 — 4694)›Subchapter IV - Obligations of Bailor (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XI - Depositum (§§ 4621 — 4715) › Chapter 349 - Depositum Properly Speaking (§§ 4641 — 4694) › Subchapter IV - Obligations of Bailor (§§ 4681 — 4682) › § 4681 - Reimbursement for expen... | A bailor is obliged to reimburse the bailee for the expenses he may have incurred in the preservation of the thing bailed, and to indemnify him for all the injuries he may have suffered by reason of the depositum.
History —Civil Code, 1930, § 1679. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xi/chapter-349/subchapter-iv/4682/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XI - Depositum (§§ 4621 — 4715)›Chapter 349 - Depositum Properly Speaking (§§ 4641 — 4694)›Subchapter IV - Obligations of Bailor (§§ 4... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XI - Depositum (§§ 4621 — 4715) › Chapter 349 - Depositum Properly Speaking (§§ 4641 — 4694) › Subchapter IV - Obligations of Bailor (§§ 4681 — 4682) › § 4682 - Retention of thing by b... | The bailee may retain the thing bailed until the full payment of what is due him by reason of the depositum.
History —Civil Code, 1930, § 1680. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xi/chapter-349/subchapter-v/4691/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XI - Depositum (§§ 4621 — 4715)›Chapter 349 - Depositum Properly Speaking (§§ 4641 — 4694)›Subchapter V - Necessary Depositum (§§ 4691... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XI - Depositum (§§ 4621 — 4715) › Chapter 349 - Depositum Properly Speaking (§§ 4641 — 4694) › Subchapter V - Necessary Depositum (§§ 4691 — 4694) › § 4691 - When depositum necessary | A depositum is necessary:
(1) When made in compliance with a legal obligation.
(2) When it takes place on account of any calamity, such as fire, ruin, pillage, shipwreck, or other similar cases.
History —Civil Code, 1930, § 1681. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xi/chapter-349/subchapter-v/4692/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XI - Depositum (§§ 4621 — 4715)›Chapter 349 - Depositum Properly Speaking (§§ 4641 — 4694)›Subchapter V - Necessary Depositum (§§ 4691... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XI - Depositum (§§ 4621 — 4715) › Chapter 349 - Depositum Properly Speaking (§§ 4641 — 4694) › Subchapter V - Necessary Depositum (§§ 4691 — 4694) › § 4692 - Provisions governing | The depositum included in subsection (1) of § 4691 of this title shall be governed by the provisions of the law which establishes it, and, in the absence thereof, by those of voluntary depositum.
Those included in subsection (2) shall be governed by the rules of voluntary depositum.
History —Civil Code, 1930, § 1682. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xi/chapter-349/subchapter-v/4693/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XI - Depositum (§§ 4621 — 4715)›Chapter 349 - Depositum Properly Speaking (§§ 4641 — 4694)›Subchapter V - Necessary Depositum (§§ 4691... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XI - Depositum (§§ 4621 — 4715) › Chapter 349 - Depositum Properly Speaking (§§ 4641 — 4694) › Subchapter V - Necessary Depositum (§§ 4691 — 4694) › § 4693 - Depositum of goods by trav... | The depositum of goods made by travelers in inns or hostelries shall also be considered a necessary one. The keepers of inns and hostelries are liable for them as such bailees, provided that notice thereof may have been given to them or to their employees, and that the travelers on their part take the precautions which... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xi/chapter-349/subchapter-v/4694/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XI - Depositum (§§ 4621 — 4715)›Chapter 349 - Depositum Properly Speaking (§§ 4641 — 4694)›Subchapter V - Necessary Depositum (§§ 4691... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XI - Depositum (§§ 4621 — 4715) › Chapter 349 - Depositum Properly Speaking (§§ 4641 — 4694) › Subchapter V - Necessary Depositum (§§ 4691 — 4694) › § 4694 - Loss of thing loaned—Exten... | The liability referred to in § 4693 of this title shall include damages to the goods of the travelers caused by servants or employees of the keepers of inns or hostelries as well as by strangers, but not those arising from robbery or which may be caused by any other case of force majeure.
History —Civil Code, 1930, § 1... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xi/chapter-351/4711/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XI - Depositum (§§ 4621 — 4715)›Chapter 351 - Sequestration (§§ 4711 — 4715)›§ 4711 - When sequestration takes place | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XI - Depositum (§§ 4621 — 4715) › Chapter 351 - Sequestration (§§ 4711 — 4715) › § 4711 - When sequestration takes place | A judicial deposit or sequestration takes place when an attachment or placing in security of property in litigation is ordered.
History —Civil Code, 1930, § 1685. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xi/chapter-351/4712/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XI - Depositum (§§ 4621 — 4715)›Chapter 351 - Sequestration (§§ 4711 — 4715)›§ 4712 - Property subject to sequestration | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XI - Depositum (§§ 4621 — 4715) › Chapter 351 - Sequestration (§§ 4711 — 4715) › § 4712 - Property subject to sequestration | Personal as well as real property may be subject to sequestration.
History —Civil Code, 1930, § 1686. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xi/chapter-351/4713/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XI - Depositum (§§ 4621 — 4715)›Chapter 351 - Sequestration (§§ 4711 — 4715)›§ 4713 - Release of bailee from charge | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XI - Depositum (§§ 4621 — 4715) › Chapter 351 - Sequestration (§§ 4711 — 4715) › § 4713 - Release of bailee from charge | The bailee of the property of things sequestrated cannot be released from his charge until the controversy which caused it is ended, unless the court or judge order it on account of the consent of all the persons interested, or for any other legal cause.
History —Civil Code, 1930, § 1687. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xi/chapter-351/4714/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XI - Depositum (§§ 4621 — 4715)›Chapter 351 - Sequestration (§§ 4711 — 4715)›§ 4714 - Obligations of bailee | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XI - Depositum (§§ 4621 — 4715) › Chapter 351 - Sequestration (§§ 4711 — 4715) › § 4714 - Obligations of bailee | The bailee of property sequestrated is obliged to comply with regard thereto with all the obligations of a good father of a family.
History —Civil Code, 1930, § 1688. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xi/chapter-351/4715/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XI - Depositum (§§ 4621 — 4715)›Chapter 351 - Sequestration (§§ 4711 — 4715)›§ 4715 - Provisions governing judicial sequestration | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XI - Depositum (§§ 4621 — 4715) › Chapter 351 - Sequestration (§§ 4711 — 4715) › § 4715 - Provisions governing judicial sequestration | Judicial sequestration shall be governed by the provisions of the Law of Civil Procedure in whatever is not prescribed in this title.
History —Civil Code, 1930, § 1689. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xii/chapter-355/4741/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XII - Aleatory Contracts or Those Depending on Chance (§§ 4741 — 4797)›Chapter 355 - General Provisions (§ 4741)›§ 4741 - Aleatory con... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XII - Aleatory Contracts or Those Depending on Chance (§§ 4741 — 4797) › Chapter 355 - General Provisions (§ 4741) › § 4741 - Aleatory contract defined | By an aleatory contract one of the parties binds himself, or both mutually bind themselves, to give or do something as an equivalent for what the other party is to give or do in case of the occurrence of an event which is uncertain or may happen at an undetermined time.
History —Civil Code, 1930, § 1690. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xii/chapter-357/4751-4757/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XII - Aleatory Contracts or Those Depending on Chance (§§ 4741 — 4797)›Chapter 357 - Insurance Contract [Repealed] (§ 4751-4757)›§§ 47... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XII - Aleatory Contracts or Those Depending on Chance (§§ 4741 — 4797) › Chapter 357 - Insurance Contract [Repealed] (§ 4751-4757) › §§ 4751—4757 - Repealed. Act June 19, 1957, No. 77,... | History —Civil Code, 1930, § 1690. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xii/chapter-359/4771/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XII - Aleatory Contracts or Those Depending on Chance (§§ 4741 — 4797)›Chapter 359 - Gambling and Betting (§§ 4771 — 4774)›§ 4771 - Ri... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XII - Aleatory Contracts or Those Depending on Chance (§§ 4741 — 4797) › Chapter 359 - Gambling and Betting (§§ 4771 — 4774) › § 4771 - Rights of winner and loser | The law does not permit any action to claim what is won in a game of chance, luck, or hazard; but the person who loses cannot recover what he may have voluntarily paid, unless there should have been fraud, or should he be a minor or incapacitated to administer his property.
History —Civil Code, 1930, § 1698. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xii/chapter-359/4772/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XII - Aleatory Contracts or Those Depending on Chance (§§ 4741 — 4797)›Chapter 359 - Gambling and Betting (§§ 4771 — 4774)›§ 4772 - Ri... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XII - Aleatory Contracts or Those Depending on Chance (§§ 4741 — 4797) › Chapter 359 - Gambling and Betting (§§ 4771 — 4774) › § 4772 - Rights of winner and loser—Application to bettin... | The provisions of § 4471 of this title with regard to gambling are also applicable to betting.
Bets analogous to prohibited games are considered as prohibited.
History —Civil Code, 1930, § 1699. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xii/chapter-359/4773/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XII - Aleatory Contracts or Those Depending on Chance (§§ 4741 — 4797)›Chapter 359 - Gambling and Betting (§§ 4771 — 4774)›§ 4773 - Ga... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XII - Aleatory Contracts or Those Depending on Chance (§§ 4741 — 4797) › Chapter 359 - Gambling and Betting (§§ 4771 — 4774) › § 4773 - Games contributing to exercise of body | Games contributing to the exercise of the body, such as those the object of which is to acquire skill in the management of arms, and foot or horse races, by vehicles, ball games, and others of a similar character are not considered prohibited.
History —Civil Code, 1930, § 1700. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xii/chapter-359/4774/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XII - Aleatory Contracts or Those Depending on Chance (§§ 4741 — 4797)›Chapter 359 - Gambling and Betting (§§ 4771 — 4774)›§ 4774 - Ci... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XII - Aleatory Contracts or Those Depending on Chance (§§ 4741 — 4797) › Chapter 359 - Gambling and Betting (§§ 4771 — 4774) › § 4774 - Civil liability in game or bet not prohibited | A person who loses in a game or a bet which is not prohibited is civilly liable.
Nevertheless, the judicial authority may either not admit the claim when the sum which was wagered in the game or bet is excessive, or may reduce the obligation to the amount it may exceed the customs of a good father of a family.
History ... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xii/chapter-361/4791/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XII - Aleatory Contracts or Those Depending on Chance (§§ 4741 — 4797)›Chapter 361 - Life Annuities (§§ 4791 — 4797)›§ 4791 - Nature o... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XII - Aleatory Contracts or Those Depending on Chance (§§ 4741 — 4797) › Chapter 361 - Life Annuities (§§ 4791 — 4797) › § 4791 - Nature of life annuity | An aleatory contract of annuity binds the debtor to pay a pension or annual income to one or more specified persons for life, for a principal in personal or real property, the ownership of which is at once transferred to said debtor charged with the income.
History —Civil Code, 1930, § 1702. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xii/chapter-361/4792/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XII - Aleatory Contracts or Those Depending on Chance (§§ 4741 — 4797)›Chapter 361 - Life Annuities (§§ 4791 — 4797)›§ 4792 - Persons ... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XII - Aleatory Contracts or Those Depending on Chance (§§ 4741 — 4797) › Chapter 361 - Life Annuities (§§ 4791 — 4797) › § 4792 - Persons upon whose life and in whose favor constituted | An annuity may be constituted on the life of the person who gives the capital, on that of a third person, or on that of several persons.
It may also be constituted in favor of the person or persons for whose life it is granted, or in favor of another or other different persons.
History —Civil Code, 1930, § 1703. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xii/chapter-361/4793/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XII - Aleatory Contracts or Those Depending on Chance (§§ 4741 — 4797)›Chapter 361 - Life Annuities (§§ 4791 — 4797)›§ 4793 - Annuity ... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XII - Aleatory Contracts or Those Depending on Chance (§§ 4741 — 4797) › Chapter 361 - Life Annuities (§§ 4791 — 4797) › § 4793 - Annuity on life of dead or dying person within 20 days | An annuity constituted on the life of a person deceased at the time of its execution, or who, at the same time, may be suffering from disease which may cause his death within twenty (20) days following that date, is void.
History —Civil Code, 1930, § 1704. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xii/chapter-361/4794/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XII - Aleatory Contracts or Those Depending on Chance (§§ 4741 — 4797)›Chapter 361 - Life Annuities (§§ 4791 — 4797)›§ 4794 - Default ... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XII - Aleatory Contracts or Those Depending on Chance (§§ 4741 — 4797) › Chapter 361 - Life Annuities (§§ 4791 — 4797) › § 4794 - Default in payment of pensions | Default in payment of pensions due does not authorize the receiver of the life annuity to demand the reimbursement of the principal, nor to retake possession of the estate alienated; he shall only have the right to judicially demand the payment of the income in arrears and security for the future ones.
History —Civil C... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xii/chapter-361/4795/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XII - Aleatory Contracts or Those Depending on Chance (§§ 4741 — 4797)›Chapter 361 - Life Annuities (§§ 4791 — 4797)›§ 4795 - Payment ... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XII - Aleatory Contracts or Those Depending on Chance (§§ 4741 — 4797) › Chapter 361 - Life Annuities (§§ 4791 — 4797) › § 4795 - Payment pertaining to year of death | The annuity pertaining to the year in which the person who enjoys it dies shall be paid in proportion to the days he may have lived; if it was to be paid in instalments in advance, the total amount for the term which began during his life shall be paid.
History —Civil Code, 1930, § 1706. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xii/chapter-361/4796/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XII - Aleatory Contracts or Those Depending on Chance (§§ 4741 — 4797)›Chapter 361 - Life Annuities (§§ 4791 — 4797)›§ 4796 - Annuity ... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XII - Aleatory Contracts or Those Depending on Chance (§§ 4741 — 4797) › Chapter 361 - Life Annuities (§§ 4791 — 4797) › § 4796 - Annuity may be exempted from attachment for debts | A person who, for a good consideration, constitutes an annuity on his property, may dispose, at the time of the execution of the contract, that said annuity shall not be subject to attachments for debts of the annuitant.
History —Civil Code, 1930, § 1707. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xii/chapter-361/4797/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XII - Aleatory Contracts or Those Depending on Chance (§§ 4741 — 4797)›Chapter 361 - Life Annuities (§§ 4791 — 4797)›§ 4797 - Proof of... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XII - Aleatory Contracts or Those Depending on Chance (§§ 4741 — 4797) › Chapter 361 - Life Annuities (§§ 4791 — 4797) › § 4797 - Proof of existence of person on whose life constituted | An annuity cannot be demanded without proving the existence of the person on whose life it may be constituted.
History —Civil Code, 1930, § 1708. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiii/chapter-365/4821/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIII - Compromises and Arbitrations (§§ 4821 — 4842)›Chapter 365 - Compromises (§§ 4821 — 4830)›§ 4821 - Compromise defined | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIII - Compromises and Arbitrations (§§ 4821 — 4842) › Chapter 365 - Compromises (§§ 4821 — 4830) › § 4821 - Compromise defined | A compromise is a contract by which each of the parties in interest, by giving, promising, or retaining something, avoids the provocation of a suit, or terminates one that has already been instituted.
—Civil Code, 1930, § 1709.
History |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiii/chapter-365/4822/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIII - Compromises and Arbitrations (§§ 4821 — 4842)›Chapter 365 - Compromises (§§ 4821 — 4830)›§ 4822 - Compromise by guardian or par... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIII - Compromises and Arbitrations (§§ 4821 — 4842) › Chapter 365 - Compromises (§§ 4821 — 4830) › § 4822 - Compromise by guardian or parent as to rights of ward or child | A guardian cannot compromise with regard to the rights of a person who is subject to guardianship, except in the manner prescribed in subsection (12) of § 786 and in section 788 of this title.
The father, and the mother in a proper case, may compromise with regard to the property and rights of the child who is under hi... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiii/chapter-365/4823/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIII - Compromises and Arbitrations (§§ 4821 — 4842)›Chapter 365 - Compromises (§§ 4821 — 4830)›§ 4823 - Corporations with judicial pe... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIII - Compromises and Arbitrations (§§ 4821 — 4842) › Chapter 365 - Compromises (§§ 4821 — 4830) › § 4823 - Corporations with judicial personality | Corporations which have a judicial personality may only make compromises in the manner and with the requisites necessary to alienate their property.
—Civil Code, 1930, § 1711.
History |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiii/chapter-365/4824/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIII - Compromises and Arbitrations (§§ 4821 — 4842)›Chapter 365 - Compromises (§§ 4821 — 4830)›§ 4824 - Compromise of actions arising... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIII - Compromises and Arbitrations (§§ 4821 — 4842) › Chapter 365 - Compromises (§§ 4821 — 4830) › § 4824 - Compromise of actions arising from crime | A civil action arising from a crime may be compromised, but the public action for the imposition of the legal penalty shall not be extinguished thereby.
History —Civil Code, 1930, § 1712. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiii/chapter-365/4825/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIII - Compromises and Arbitrations (§§ 4821 — 4842)›Chapter 365 - Compromises (§§ 4821 — 4830)›§ 4825 - Civil status, matrimonial que... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIII - Compromises and Arbitrations (§§ 4821 — 4842) › Chapter 365 - Compromises (§§ 4821 — 4830) › § 4825 - Civil status, matrimonial questions, or future support | No compromise can be made with regard to the civil status of persons, nor with regard to matrimonial questions, nor future support.
History —Civil Code, 1930, § 1713. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiii/chapter-365/4826/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIII - Compromises and Arbitrations (§§ 4821 — 4842)›Chapter 365 - Compromises (§§ 4821 — 4830)›§ 4826 - Scope of compromise; renuncia... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIII - Compromises and Arbitrations (§§ 4821 — 4842) › Chapter 365 - Compromises (§§ 4821 — 4830) › § 4826 - Scope of compromise; renunciation of rights | A compromise shall only include the objects specifically determined therein or which from a necessary inference from its words must be considered as included therein.
A general renunciation of rights shall be understood as including only those relating to the question with regard to which the compromise has been made.
... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiii/chapter-365/4827/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIII - Compromises and Arbitrations (§§ 4821 — 4842)›Chapter 365 - Compromises (§§ 4821 — 4830)›§ 4827 - Compromise has authority of r... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIII - Compromises and Arbitrations (§§ 4821 — 4842) › Chapter 365 - Compromises (§§ 4821 — 4830) › § 4827 - Compromise has authority of res judicata | A compromise has, with regard to the parties, the same authority as res adjudicata; but summary proceedings shall not be proper except when the fulfilment of a judicial compromise is in question.
—Civil Code, 1930, § 1715.
History |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiii/chapter-365/4828/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIII - Compromises and Arbitrations (§§ 4821 — 4842)›Chapter 365 - Compromises (§§ 4821 — 4830)›§ 4828 - Error, deceit, violence, or f... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIII - Compromises and Arbitrations (§§ 4821 — 4842) › Chapter 365 - Compromises (§§ 4821 — 4830) › § 4828 - Error, deceit, violence, or forgery | A compromise, in which error, deceit, violence, or forgery of documents is involved, shall be subject to the provisions of § 3404 of this title.
Nevertheless, one of the parties cannot set up an error of fact against the other, if by reason of a compromise, the latter has withdrawn from a suit already begun.
History —C... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiii/chapter-365/4829/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIII - Compromises and Arbitrations (§§ 4821 — 4842)›Chapter 365 - Compromises (§§ 4821 — 4830)›§ 4829 - Discovery of new documents | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIII - Compromises and Arbitrations (§§ 4821 — 4842) › Chapter 365 - Compromises (§§ 4821 — 4830) › § 4829 - Discovery of new documents | The discovery of new instruments is not a cause for the annulment or rescission of a compromise, if there has been no bad faith.
History —Civil Code, 1930, § 1717. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiii/chapter-365/4830/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIII - Compromises and Arbitrations (§§ 4821 — 4842)›Chapter 365 - Compromises (§§ 4821 — 4830)›§ 4830 - Compromise in ignorance of fi... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIII - Compromises and Arbitrations (§§ 4821 — 4842) › Chapter 365 - Compromises (§§ 4821 — 4830) › § 4830 - Compromise in ignorance of final judgment; of revocable judgment | If a suit having been decided by a final judgment, a compromise with regard to the same should take place because any of the parties interested did not know of the existence of said final judgment, such party may demand that the compromise be rescinded.
Ignorance of a revocable judgment is not a cause for controverting... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiii/chapter-367/4841/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIII - Compromises and Arbitrations (§§ 4821 — 4842)›Chapter 367 - Arbitrations (§§ 4841 — 4842)›§ 4841 - Persons who may submit to ar... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIII - Compromises and Arbitrations (§§ 4821 — 4842) › Chapter 367 - Arbitrations (§§ 4841 — 4842) › § 4841 - Persons who may submit to arbitrations | The same persons who can compromise may also submit their contentions to a third person for decision.
History —Civil Code, 1930, § 1719. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiii/chapter-367/4842/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIII - Compromises and Arbitrations (§§ 4821 — 4842)›Chapter 367 - Arbitrations (§§ 4841 — 4842)›§ 4842 - Provisions applicable; proce... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIII - Compromises and Arbitrations (§§ 4821 — 4842) › Chapter 367 - Arbitrations (§§ 4841 — 4842) › § 4842 - Provisions applicable; procedure | The provisions of §§ 4821-4830 of this title with regard to compromises are applicable to arbitrations.
With regard to the form of procedure in arbitrations and to the extent and effects thereof, the provisions of the Law of Civil Procedure shall be observed.
History —Civil Code, 1930, § 1720. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-371/4871/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 371 - Nature and Extent of Security (§§ 4871 — 4878)›§ 4871 - Security defined | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 371 - Nature and Extent of Security (§§ 4871 — 4878) › § 4871 - Security defined | By security a person binds himself to pay or perform for a third person in case the latter should fail to do so.
If the surety binds himself jointly with the principal debtor, the provisions of §§ 3101-3112 of this title shall be observed.
History —Civil Code, 1930, § 1721. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-371/4872/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 371 - Nature and Extent of Security (§§ 4871 — 4878)›§ 4872 - Types of security; in whose favo... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 371 - Nature and Extent of Security (§§ 4871 — 4878) › § 4872 - Types of security; in whose favor constituted | The security may be conventional, legal, or judicial, gratuitous, or for a valuable consideration.
It may also be constituted, not only in favor of the principal debtor, but in favor of the other surety, either with the consent, ignorance, and even against the opposition of the latter.
History —Civil Code, 1930, § 1722... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-371/4873/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 371 - Nature and Extent of Security (§§ 4871 — 4878)›§ 4873 - Valid obligation required | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 371 - Nature and Extent of Security (§§ 4871 — 4878) › § 4873 - Valid obligation required | Security cannot exist without a valid obligation.
Nevertheless, an obligation, the nullity of which may be claimed by virtue of an exception purely personal on the part of the obligor, as that of minority, may be the subject of security.
From the provisions of the preceding paragraph is excepted the case of a loan made... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-371/4874/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 371 - Nature and Extent of Security (§§ 4871 — 4878)›§ 4874 - Security as guaranty for future ... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 371 - Nature and Extent of Security (§§ 4871 — 4878) › § 4874 - Security as guaranty for future debts | Security may also be given as a guaranty for future debts, the amount of which is not yet known, but no action can be brought against the surety until the debt is determined.
History —Civil Code, 1930, § 1724. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-371/4875/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 371 - Nature and Extent of Security (§§ 4871 — 4878)›§ 4875 - Obligation of surety limited to ... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 371 - Nature and Extent of Security (§§ 4871 — 4878) › § 4875 - Obligation of surety limited to that of principal debtor | A surety may bind himself to less but not to more than the principal debtor as to quantity as well as to the burden of the conditions.
Should he have bound himself for more, his obligation shall be reduced to the limits of that of the debtor.
History —Civil Code, 1930, § 1725. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-371/4876/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 371 - Nature and Extent of Security (§§ 4871 — 4878)›§ 4876 - Security not presumed; accessori... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 371 - Nature and Extent of Security (§§ 4871 — 4878) › § 4876 - Security not presumed; accessories of principal obligation | Security is not presumed; it must be express and cannot be extended further than that specified therein.
If it be simple and indefinite it shall include not only the principal obligation but all its accessories, including the costs of the suit, it being understood, with regard to the latter, that the surety shall only ... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-371/4877/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 371 - Nature and Extent of Security (§§ 4871 — 4878)›§ 4877 - Qualifications of surety; jurisd... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 371 - Nature and Extent of Security (§§ 4871 — 4878) › § 4877 - Qualifications of surety; jurisdiction of court | A party who is bound to give security must present a person having capacity to bind himself, and with sufficient property to answer for the obligation which he guarantees. The surety shall be understood as subject to the jurisdiction of the court or judge of the place where this obligation is to be fulfilled.
History —... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-371/4878/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 371 - Nature and Extent of Security (§§ 4871 — 4878)›§ 4878 - Insolvency of surety | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 371 - Nature and Extent of Security (§§ 4871 — 4878) › § 4878 - Insolvency of surety | If the surety should become insolvent the creditor may demand another who has all the qualifications required by the preceding section. The case is excepted where the creditor has required and stipulated that a specified person should be the surety.
History —Civil Code, 1930, § 1728. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-373/subchapter-i/4891/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 373 - Effects of Security (§§ 4891 — 4933)›Subchapter I - Effects of Security Between Surety a... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 373 - Effects of Security (§§ 4891 — 4933) › Subchapter I - Effects of Security Between Surety and Creditor (§§ 4891 — 4898) › § 4891 - When s... | The surety cannot be compelled to pay a creditor until application has been previously made of all the property of the debtor.
History —Civil Code, 1930, § 1729. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-373/subchapter-i/4892/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 373 - Effects of Security (§§ 4891 — 4933)›Subchapter I - Effects of Security Between Surety a... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 373 - Effects of Security (§§ 4891 — 4933) › Subchapter I - Effects of Security Between Surety and Creditor (§§ 4891 — 4898) › § 4892 - When a... | This application cannot take place:
(1) If the surety has expressly renounced it.
(2) If he has jointly bound himself with the debtor.
(3) In case of bankruptcy of the debtor.
(4) When the debtor cannot be judicially sued within Puerto Rico.
History —Civil Code, 1930, § 1730. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-373/subchapter-i/4893/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 373 - Effects of Security (§§ 4891 — 4933)›Subchapter I - Effects of Security Between Surety a... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 373 - Effects of Security (§§ 4891 — 4933) › Subchapter I - Effects of Security Between Surety and Creditor (§§ 4891 — 4898) › § 4893 - Demand... | In order that the surety may avail himself of the benefit of a levy against the principal, he must require it of the creditor as soon as the latter may sue for payment, and determine the property of the debtor which can be sold within the Commonwealth of Puerto Rico and which may be sufficient to cover the amount of th... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-373/subchapter-i/4894/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 373 - Effects of Security (§§ 4891 — 4933)›Subchapter I - Effects of Security Between Surety a... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 373 - Effects of Security (§§ 4891 — 4933) › Subchapter I - Effects of Security Between Surety and Creditor (§§ 4891 — 4898) › § 4894 - Neglig... | After the surety has fulfilled all the conditions of section 4893 of this title, the creditor who is negligent in making a levy upon the property of the principal designated, shall be liable to the extent of the value of said property for the insolvency of the debtor arising from said negligence.
History —Civil Code, 1... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-373/subchapter-i/4895/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 373 - Effects of Security (§§ 4891 — 4933)›Subchapter I - Effects of Security Between Surety a... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 373 - Effects of Security (§§ 4891 — 4933) › Subchapter I - Effects of Security Between Surety and Creditor (§§ 4891 — 4898) › § 4895 - Citati... | A creditor may cite the surety should he institute the claim against the principal debtor, but the benefit of a levy against the principal shall always be reserved, even when a judgment is rendered against both of them.
History —Civil Code, 1930, § 1733. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-373/subchapter-i/4896/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 373 - Effects of Security (§§ 4891 — 4933)›Subchapter I - Effects of Security Between Surety a... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 373 - Effects of Security (§§ 4891 — 4933) › Subchapter I - Effects of Security Between Surety and Creditor (§§ 4891 — 4898) › § 4896 - Compro... | A compromise made by a surety with a creditor shall have no effect with regard to the principal debtor.
Neither shall that made by the latter have any effect with regard to a surety against his will.
History —Civil Code, 1930, § 1734. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-373/subchapter-i/4897/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 373 - Effects of Security (§§ 4891 — 4933)›Subchapter I - Effects of Security Between Surety a... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 373 - Effects of Security (§§ 4891 — 4933) › Subchapter I - Effects of Security Between Surety and Creditor (§§ 4891 — 4898) › § 4897 - Right ... | A surety of a surety enjoys the benefit of a levy with regard to the surety as well as to the principal debtor.
History —Civil Code, 1930, § 1735. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-373/subchapter-i/4898/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 373 - Effects of Security (§§ 4891 — 4933)›Subchapter I - Effects of Security Between Surety a... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 373 - Effects of Security (§§ 4891 — 4933) › Subchapter I - Effects of Security Between Surety and Creditor (§§ 4891 — 4898) › § 4898 - Liabil... | Should there be several sureties but only one debtor for the same debt, the liability therefor shall be divided among them all. The creditor can claim from each surety nothing but the proper portion which he may have to pay, unless the joint liability has been expressly stipulated.
The benefit of division against the c... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-373/subchapter-ii/4911/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 373 - Effects of Security (§§ 4891 — 4933)›Subchapter II - Effects of Security Between Debtor ... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 373 - Effects of Security (§§ 4891 — 4933) › Subchapter II - Effects of Security Between Debtor and Surety (§§ 4911 — 4916) › § 4911 - Indemni... | A surety who pays for a debtor shall be indemnified by the latter.
The indemnity consists of:
(1) The total amount of the debt.
(2) Legal interest on the same from the day on which the payment may have been communicated to the debtor, even when it did not produce interest for the creditor.
(3) The expenses incurred by ... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-373/subchapter-ii/4912/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 373 - Effects of Security (§§ 4891 — 4933)›Subchapter II - Effects of Security Between Debtor ... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 373 - Effects of Security (§§ 4891 — 4933) › Subchapter II - Effects of Security Between Debtor and Surety (§§ 4911 — 4916) › § 4912 - Subroga... | By virtue of such payment the surety is subrogated in all the rights which the creditor had against the debtor.
Should the surety have compromised with the creditor, he cannot demand of the debtor more than that which he has really paid.
History —Civil Code, 1930, § 1738. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-373/subchapter-ii/4913/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 373 - Effects of Security (§§ 4891 — 4933)›Subchapter II - Effects of Security Between Debtor ... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 373 - Effects of Security (§§ 4891 — 4933) › Subchapter II - Effects of Security Between Debtor and Surety (§§ 4911 — 4916) › § 4913 - Payment... | If the surety pays without informing the debtor, the latter may use against him all the exceptions which he could have set up against the creditor at the time of making the payment.
History —Civil Code, 1930, § 1739. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-373/subchapter-ii/4914/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 373 - Effects of Security (§§ 4891 — 4933)›Subchapter II - Effects of Security Between Debtor ... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 373 - Effects of Security (§§ 4891 — 4933) › Subchapter II - Effects of Security Between Debtor and Surety (§§ 4911 — 4916) › § 4914 - Payment... | If the debt was for a term and the surety paid it before it was due, he cannot require the debtor to reimburse him until the period has expired.
History —Civil Code, 1930, § 1740. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-373/subchapter-ii/4915/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 373 - Effects of Security (§§ 4891 — 4933)›Subchapter II - Effects of Security Between Debtor ... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 373 - Effects of Security (§§ 4891 — 4933) › Subchapter II - Effects of Security Between Debtor and Surety (§§ 4911 — 4916) › § 4915 - Payment... | If the surety has paid without notifying the debtor, and the latter, not having knowledge of the payment, also pays it, the former has no remedy against the debtor, but only against the creditor.
History —Civil Code, 1930, § 1741. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-373/subchapter-ii/4916/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 373 - Effects of Security (§§ 4891 — 4933)›Subchapter II - Effects of Security Between Debtor ... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 373 - Effects of Security (§§ 4891 — 4933) › Subchapter II - Effects of Security Between Debtor and Surety (§§ 4911 — 4916) › § 4916 - Action ... | The surety, even before paying, may proceed against the principal debtor:
(1) When he is sued for the payment.
(2) In case of bankruptcy or insolvency.
(3) When the debtor has bound himself to relieve him from the security within a specified term, and this term has expired.
(4) When the debt has become demandable becau... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-373/subchapter-iii/4931/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 373 - Effects of Security (§§ 4891 — 4933)›Subchapter III - Effect of Security Between Cosuret... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 373 - Effects of Security (§§ 4891 — 4933) › Subchapter III - Effect of Security Between Cosureties (§§ 4931 — 4933) › § 4931 - Rights of sure... | When there are two (2) or more sureties for the same debtor and for the same debt, the one who has paid it may demand of each of the others the part which he or they should proportionally have paid.
If any one of them should be insolvent, his part shall be paid by all in the same proportion.
In order that the provision... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-373/subchapter-iii/4932/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 373 - Effects of Security (§§ 4891 — 4933)›Subchapter III - Effect of Security Between Cosuret... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 373 - Effects of Security (§§ 4891 — 4933) › Subchapter III - Effect of Security Between Cosureties (§§ 4931 — 4933) › § 4932 - Exceptions of ... | In the case of § 4931 of this title the cosureties may set up against the one who paid, the same exception which would have pertained to the principal debtor against the creditor, and which may not be purely personal on the part of the same debtor.
History —Civil Code, 1930, § 1744. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-373/subchapter-iii/4933/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 373 - Effects of Security (§§ 4891 — 4933)›Subchapter III - Effect of Security Between Cosuret... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 373 - Effects of Security (§§ 4891 — 4933) › Subchapter III - Effect of Security Between Cosureties (§§ 4931 — 4933) › § 4933 - Liability of s... | A subsurety, in case of the insolvency of the surety for whom he bound himself, remains liable to the cosureties in the same terms as the surety was bound.
History —Civil Code, 1930, § 1745. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-375/4951/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 375 - Extinguishment of Security (§§ 4951 — 4957)›§ 4951 - Expiration of obligation of surety | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 375 - Extinguishment of Security (§§ 4951 — 4957) › § 4951 - Expiration of obligation of surety | The obligation of the surety shall expire at the same time as that of the debtor, and for the same causes as all other obligations.
History —Civil Code, 1930, § 1746. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-375/4952/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 375 - Extinguishment of Security (§§ 4951 — 4957)›§ 4952 - Merger of debtor and surety by inhe... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 375 - Extinguishment of Security (§§ 4951 — 4957) › § 4952 - Merger of debtor and surety by inheritance | A merger which takes place in the person of the debtor and of the surety when one of them inherits from the other does not extinguish the obligation of the subsurety.
History —Civil Code, 1930, § 1747. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-375/4953/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 375 - Extinguishment of Security (§§ 4951 — 4957)›§ 4953 - Acceptance of property by creditor | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 375 - Extinguishment of Security (§§ 4951 — 4957) › § 4953 - Acceptance of property by creditor | If the creditor voluntarily accepts real estate or any other goods in payment of the debt, even should he afterwards lose them on account of eviction, the surety shall be released.
History —Civil Code, 1930, § 1748. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-375/4954/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 375 - Extinguishment of Security (§§ 4951 — 4957)›§ 4954 - Liberation by creditor of one suret... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 375 - Extinguishment of Security (§§ 4951 — 4957) › § 4954 - Liberation by creditor of one surety without consent of others | Liberation, made by a creditor of one of the sureties without the consent of the others, shall benefit all the others to the extent of the portion of the surety to whom it has been granted.
History —Civil Code, 1930, § 1749. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-375/4955/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 375 - Extinguishment of Security (§§ 4951 — 4957)›§ 4955 - Extension granted to debtor by cred... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 375 - Extinguishment of Security (§§ 4951 — 4957) › § 4955 - Extension granted to debtor by creditor | The extension granted to the debtor by the creditor, without the consent of the surety, extinguishes the security.
History —Civil Code, 1930, § 1750. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-375/4956/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 375 - Extinguishment of Security (§§ 4951 — 4957)›§ 4956 - Act of creditor preventing subrogat... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 375 - Extinguishment of Security (§§ 4951 — 4957) › § 4956 - Act of creditor preventing subrogation | The sureties, even when they are joint, shall be released from their obligation whenever by an act of the creditor they cannot be subrogated to the rights, mortgages, and privileges of the same.
History —Civil Code, 1930, § 1751. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-375/4957/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 375 - Extinguishment of Security (§§ 4951 — 4957)›§ 4957 - Exceptions which surety may set up ... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 375 - Extinguishment of Security (§§ 4951 — 4957) › § 4957 - Exceptions which surety may set up against creditor | A surety may set up against the creditor all the exceptions which pertain to the principal debtor and which may be inherent to the debt; but not those which may be purely personal to the debtor.
History —Civil Code, 1930, § 1752. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-377/4971/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 377 - Legal and Judicial Security (§§ 4971 — 4973)›§ 4971 - Qualifications of legal or judicia... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 377 - Legal and Judicial Security (§§ 4971 — 4973) › § 4971 - Qualifications of legal or judicial sureties | Sureties, who must act by provision of law or by a judicial decree, shall possess the qualifications prescribed in section 4877 of this title.
History —Civil Code, 1930, § 1753. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-377/4972/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 377 - Legal and Judicial Security (§§ 4971 — 4973)›§ 4972 - Pledge or mortgage in lieu of secu... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 377 - Legal and Judicial Security (§§ 4971 — 4973) › § 4972 - Pledge or mortgage in lieu of security | If the person who is bound to give security, in the cases of § 4971 of this title, should not obtain it, a pledge or mortgage which may be considered sufficient to cover his obligation shall be admitted in place thereof.
History —Civil Code, 1930, § 1754. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xiv/chapter-377/4973/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XIV - Security (§§ 4871 — 4973)›Chapter 377 - Legal and Judicial Security (§§ 4971 — 4973)›§ 4973 - Levy on property not demandable | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XIV - Security (§§ 4871 — 4973) › Chapter 377 - Legal and Judicial Security (§§ 4971 — 4973) › § 4973 - Levy on property not demandable | A judicial surety cannot demand a levy on the property of the principal debtor.
A subsurety who offers security for a surety, in the same case, cannot demand either a levy on the property of the debtor nor on that of the surety.
History —Civil Code, 1930, § 1755. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-381/5001/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 381 - Provisions Common to Pledge and Mortgage (§§ 5001 —... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 381 - Provisions Common to Pledge and Mortgage (§§ 5001 — 5006) › § 5001 - Requisites of contracts of ple... | The following are essential requisites of the contracts of pledge and of mortgage:
(1) That they be constituted to secure the fulfilment of a principal obligation.
(2) That the thing pledged or mortgaged is owned by the person who pledges or mortgages it.
(3) That the persons who constitute the pledge or mortgage have ... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-381/5002/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 381 - Provisions Common to Pledge and Mortgage (§§ 5001 —... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 381 - Provisions Common to Pledge and Mortgage (§§ 5001 — 5006) › § 5002 - Additional requisite | It is also essential in these contracts that when the principal obligation is due, the things of which the pledge or mortgage consists may be alienated to pay the creditor.
History —Civil Code, 1930, § 1757. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-381/5003/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 381 - Provisions Common to Pledge and Mortgage (§§ 5001 —... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 381 - Provisions Common to Pledge and Mortgage (§§ 5001 — 5006) › § 5003 - Creditor cannot appropriate or... | A creditor cannot appropriate to himself the things given in pledge or mortgage, nor dispose of them.
History —Civil Code, 1930, § 1758. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-381/5004/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 381 - Provisions Common to Pledge and Mortgage (§§ 5001 —... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 381 - Provisions Common to Pledge and Mortgage (§§ 5001 — 5006) › § 5004 - Divisibility of pledge and mor... | The pledge and the mortgage are indivisible, even if the debt should be divided among the legal representatives of the debtor or of the creditor.
Therefore, an heir of the debtor who may have paid a part of the debt cannot request that the pledge or mortgage be proportionally extinguished as long as the debt has not be... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-381/5005/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 381 - Provisions Common to Pledge and Mortgage (§§ 5001 —... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 381 - Provisions Common to Pledge and Mortgage (§§ 5001 — 5006) › § 5005 - Kinds of obligations secured | Contracts of pledge and mortgage may secure all kinds of obligations, either pure or subject to conditions precedent or subsequent.
History —Civil Code, 1930, § 1760. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-381/5006/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 381 - Provisions Common to Pledge and Mortgage (§§ 5001 —... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 381 - Provisions Common to Pledge and Mortgage (§§ 5001 — 5006) › § 5006 - Action on promise to constitut... | A promise to constitute a pledge or mortgage gives rise only to a personal action among the contracting parties, without prejudice to the criminal liability which a person incurs who defrauds another, offering in pledge or mortgage as unincumbered things which he knew were incumbered, or pretending to be the owner of t... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-383/5021/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 383 - Pledge (§§ 5021 — 5031)›§ 5021 - Requisites of pled... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 383 - Pledge (§§ 5021 — 5031) › § 5021 - Requisites of pledge | Besides the requisites mentioned in § 5001 of this title, it is necessary, in order to constitute the contract of pledge, that the pledge should be placed in possession of the creditor or of a third person by common consent.
—Civil Code, 1930, § 1762.
History |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-383/5022/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 383 - Pledge (§§ 5021 — 5031)›§ 5022 - Property which may... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 383 - Pledge (§§ 5021 — 5031) › § 5022 - Property which may be given in pledge | All personal property which is the object of commerce may be given as a pledge, provided it be capable of being possessed.
History —Civil Code, 1930, § 1763. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-383/5023/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 383 - Pledge (§§ 5021 — 5031)›§ 5023 - Effect of pledge a... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 383 - Pledge (§§ 5021 — 5031) › § 5023 - Effect of pledge against third person | A pledge shall not be effective against a third person, when evidence of its date is not shown by authentic documents.
History —Civil Code, 1930, § 1764. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-383/5024/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 383 - Pledge (§§ 5021 — 5031)›§ 5024 - Retention by credi... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 383 - Pledge (§§ 5021 — 5031) › § 5024 - Retention by creditor until payment | A contract of pledge gives a right to the creditor to retain the thing in his possession or in that of the third person to whom it may have been delivered until his credit is paid.
If, while the creditor retains the pledge, the debtor should contract with him another debt demandable before the first one has been paid, ... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-383/5025/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 383 - Pledge (§§ 5021 — 5031)›§ 5025 - Care of thing pled... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 383 - Pledge (§§ 5021 — 5031) › § 5025 - Care of thing pledged; expenses; loss or deterioration | The creditor must take care of the thing given in pledge with the diligence of a good father of a family; he has a right to recover the expenses incurred for its preservation and is liable for its loss or deterioration, in accordance with the provisions of this title.
History —Civil Code, 1930, § 1766. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-383/5026/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 383 - Pledge (§§ 5021 — 5031)›§ 5026 - Interest produced ... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 383 - Pledge (§§ 5021 — 5031) › § 5026 - Interest produced by thing pledged | If the pledge produces interest, the creditor shall set off that collected by him against that due him, and if none is due him, or to the extent that it exceeds that legally due, he shall charge it to the principal.
History —Civil Code, 1930, § 1767. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-383/5027/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 383 - Pledge (§§ 5021 — 5031)›§ 5027 - Ownership of thing... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 383 - Pledge (§§ 5021 — 5031) › § 5027 - Ownership of thing pledged | As long as the thing given in pledge is not taken by eminent domain, the debtor continues to be the owner thereof.
Nevertheless, the creditor may exercise the actions which pertain to the owner of the thing pledged, in order to reclaim or defend it against a third person.
History —Civil Code, 1930, § 1768. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-383/5028/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 383 - Pledge (§§ 5021 — 5031)›§ 5028 - Use of thing by cr... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 383 - Pledge (§§ 5021 — 5031) › § 5028 - Use of thing by creditor | The creditor cannot make use of a thing given in pledge without the authorization of the owner, and should he do so, or misuse said thing in any other manner, the latter may demand that it be made a depositum.
History —Civil Code, 1930, § 1769. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-383/5029/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 383 - Pledge (§§ 5021 — 5031)›§ 5029 - Restitution demand... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 383 - Pledge (§§ 5021 — 5031) › § 5029 - Restitution demandable only upon payment | The debtor cannot demand the restitution of the thing pledged, against the will of the creditor, until he has paid the debt and its interest, with the expenses, in a proper case.
History —Civil Code, 1930, § 1770. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-383/5030/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 383 - Pledge (§§ 5021 — 5031)›§ 5030 - Alienation of pled... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 383 - Pledge (§§ 5021 — 5031) › § 5030 - Alienation of pledge by creditor; auction | A creditor to whom the debt has not been paid at the proper time may proceed, before a notary, to alienate the pledge. This alienation must necessarily take place at public auction, and with the citation of the debtor and the owner of the pledge, in a proper case. If the pledge should not have been alienated at the fir... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-383/5031/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 383 - Pledge (§§ 5021 — 5031)›§ 5031 - Institutions loani... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 383 - Pledge (§§ 5021 — 5031) › § 5031 - Institutions loaning money on pledge | With regard to public institutions which by their character or special purpose loan money on pledge, the special laws and regulations relating thereto, and subsidiarily the provisions of §§ 5001-5031 of this title shall be observed.
History —Civil Code, 1930, § 1772. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-385/5041/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 385 - Mortgage (§§ 5041 — 5048)›§ 5041 - Property subject... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 385 - Mortgage (§§ 5041 — 5048) › § 5041 - Property subject to mortgage | The following property only can be the subject of a mortgage contract:
(1) Real property.
(2) Property rights in real estate which can be alienated in accordance with law.
History —Civil Code, 1930, § 1773. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-385/5042/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 385 - Mortgage (§§ 5041 — 5048)›§ 5042 - Requisites of mo... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 385 - Mortgage (§§ 5041 — 5048) › § 5042 - Requisites of mortgage; rights of person in whose favor create... | Besides the requisites mentioned in § 5001 of this title, it is indispensible, in order that the mortgage may be validly constituted, that the instrument in which it is created be entered in the registry of property.
The persons in whose favor the law creates a mortgage shall have no other right than to demand the exec... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-385/5043/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 385 - Mortgage (§§ 5041 — 5048)›§ 5043 - Effect of mortga... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 385 - Mortgage (§§ 5041 — 5048) › § 5043 - Effect of mortgage on property | A mortgage directly and immediately subjects the property on which it is imposed, whoever its possessor may be, to the fulfilment of the obligation for the security of which it was created.
History —Civil Code, 1930, § 1775. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-385/5044/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 385 - Mortgage (§§ 5041 — 5048)›§ 5044 - Scope of mortgag... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 385 - Mortgage (§§ 5041 — 5048) › § 5044 - Scope of mortgage | A mortgage includes the natural accessions, improvements, growing fruits, and rents not collected when the obligation is due, and the amount of the indemnities granted or due the owner by the underwriters of the property mortgaged or by virtue of the exercise of eminent domain by reason of public utility, with the decl... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-385/5045/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 385 - Mortgage (§§ 5041 — 5048)›§ 5045 - Alienation of mo... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 385 - Mortgage (§§ 5041 — 5048) › § 5045 - Alienation of mortgage credit | A mortgage credit may be alienated or assigned to a third person, wholly or partially, with the formalities required by law.
History —Civil Code, 1930, § 1777. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-385/5046/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 385 - Mortgage (§§ 5041 — 5048)›§ 5046 - Liability of thi... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 385 - Mortgage (§§ 5041 — 5048) › § 5046 - Liability of third possessor of property mortgaged | A creditor may demand from the third possessor of the property mortgaged the payment of the part of the credit secured with what the latter may possess, in the terms and with the formalities established by law.
History —Civil Code, 1930, § 1778. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-385/5047/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 385 - Mortgage (§§ 5041 — 5048)›§ 5047 - Application of m... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 385 - Mortgage (§§ 5041 — 5048) › § 5047 - Application of mortgage law | The form, extension, and effects of the mortgage, as well as all that relating to its creation, modification, and extinction, and all that which may not have been included in §§ 5041-5047 of this title, shall be subject to the provisions of the Mortgage Law which continues in force.
History —Civil Code, 1930, § 1779. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-385/5048/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 385 - Mortgage (§§ 5041 — 5048)›§ 5048 - Agreement in fav... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 385 - Mortgage (§§ 5041 — 5048) › § 5048 - Agreement in favor of mortgagee void | Any agreement authorizing the mortgagee to adjudicate to himself the property of the mortgagor because of failure to observe a contract secured by mortgage, is hereby declared null and void.
History —Civil Code, 1930, § 1780. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-387/5061/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 387 - Antichresis (§§ 5061 — 5066)›§ 5061 - Antichresis d... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 387 - Antichresis (§§ 5061 — 5066) › § 5061 - Antichresis defined | By antichresis a creditor acquires a right to receive the fruits of real property of his debtor, with the obligation to apply them to the payment of interest, if due, and afterwards to the principal of his credit.
History —Civil Code, 1930, § 1781. |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-387/5062/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 387 - Antichresis (§§ 5061 — 5066)›§ 5062 - Liability of ... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 387 - Antichresis (§§ 5061 — 5066) › § 5062 - Liability of creditor for taxes, charges, and expenses | A creditor is obliged to pay the taxes and charges which burden the estate, unless there is an agreement to the contrary.
He shall also be obliged to pay the expenses necessary for its preservation and repair.
From the fruits there shall be deducted the sums which he may employ for both purposes.
History —Civil Code, 1... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-387/5063/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 387 - Antichresis (§§ 5061 — 5066)›§ 5063 - Enjoyment of ... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 387 - Antichresis (§§ 5061 — 5066) › § 5063 - Enjoyment of real property by debtor | The debtor cannot recover the enjoyment of the real property without previously paying in full what he owes to his creditor.
But the latter, in order to free himself from the obligations imposed on him by § 5062 of this title, may always compel the debtor to reenter upon the enjoyment of the estate, unless there be an ... |
https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-xv/chapter-387/5064/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066)›Chapter 387 - Antichresis (§§ 5061 — 5066)›§ 5064 - Ownership not... | 2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART XV - Contracts of Pledge, Mortgage, and Antichresis (§§ 5001 — 5066) › Chapter 387 - Antichresis (§§ 5061 — 5066) › § 5064 - Ownership not acquired by creditor | The creditor does not acquire the ownership of the real property by nonpayment of the debt within the term agreed upon.
Any stipulation to the contrary shall be void. But in this case the creditor may demand, in the manner prescribed in the Law of Civil Procedure, the payment of the debt or the sale of the realty.
Hist... |
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