P.R. Laws tit. 7, § 825
(a) Every transfer of notes, bonds, bills of exchange, debt to the Bank or deposits to its credit, every mortgage assignment, surety on real property, or judgment or decree in its favor; every deposit of money, or other thing of value for its use or for the use of stockholders and creditors made after the Bank is insolvent, as defined in this chapter, or expecting insolvency, with the intent of avoiding application of an asset in the manner herein prescribed, or of giving preference to a creditor over another, shall be null and ineffective; and no attachment, foreclosure or injunction shall issue against said bank or its holdings before the final finding in any lawsuit, action or proceeding in the Courts of Justice.
(b) If the directors of the Bank knowingly violate or allow any of the bank officers, agents or employees to violate this section, the penalties set forth in § 823(c) of this title shall be applied.
History —June 14, 1960, No. 86, p. 162, added as § 27 on July 1, 1975, No. 134, p. 404, § 9; June 30, 1978, No. 89, p. 274, § 2.