P.R. Laws tit. 5, § 1414
The Puerto Rico Farm Insurance Corporation is hereby authorized to invest such part of the Farm Insurance Fund and of its future income as it may deem advisable in consultation with the Government Development Bank for Puerto Rico, in securities that the Board of Directors may deem advisable, provided said securities have a constant market and are easy to dispose of. The proceeds from such investment shall be covered into the Farm Insurance Fund. The Puerto Rico Farm Insurance Corporation may also use such part of its funds that it may require to defray its operations.
The Puerto Rico Farm Insurance Corporation, in consultation with the Government Development Bank for Puerto Rico, shall proceed to sell the quantity or quantities of securities of the Puerto Rico Farm Insurance Corporation that it may deem pertinent, to provide it with funds to make all such payments or disbursements that are needed in order to comply with the purposes of this chapter.
History —Dec. 12, 1966, No. 12, p. 62, § 14, renumbered as § 15 and amended on Aug. 11, 1988, No. 166, p. 718, § 16.