P.R. Laws tit. 7, § 813
When a worker or employee signs an authorization, the employer or officer shall regularly deduct from his wages or salary the authorized amount to be forwarded to the Labor Bank and deposited in a savings account to the name of the said worker or employee. Also, when an accredited member of a labor union or of a teacher’s and employee’s organization duly recognized signs an authorization, the employer shall regularly deduct the authorized amount from his wages to be forwarded to the Labor Bank and used for the purchase of Class “A” shares. Any employer or officer failing to deduct and send the deducted amount within the term of fifteen (15) days shall be guilty of a misdemeanor. Upon conviction for any of said offenses the employer or officer shall pay a fine for each offense of not less than twenty five dollars ($25.00) nor more than five hundred dollars ($500.00), or imprisonment in jail for a term which shall not exceed six (6) months, or both penalties, in the discretion of the court.
In the event of the death of a depositor there may be withdrawn from his deposits up to the sum of five hundred dollars ($500) for funeral expenses without court order, upon presentation of an affidavit by the surviving spouse, or, in default thereof, by the next of kin residing in Puerto Rico, setting forth the fact that the money will be used for funeral expenses. The death certificate of the depositor shall accompany such affidavit.
History —June 14, 1960, No. 86, p. 162, § 13; June 26, 1961, No. 115, p. 248, § 1; June 28, 1969, No. 117, p. 327, § 8.