P.R. Laws tit. 3, § 786a
The Administration of the Retirement Systems of the Government and Judiciary is hereby exempted from the payment of taxes on any property it acquires or is under its jurisdiction, authority, control, domain, possession, or supervision. Provided, That any property tax owed at the time it is acquired or falls under its jurisdiction, authority, control, domain, possession or supervision must be paid in full pursuant to the provisions of § 462 of Title 13.
It is also exempted from the payment of rights, revenue stamps, and tariffs for any procedure in court and the granting of public instruments and recording in property registries in Puerto Rico.
History —May 15, 1951, No. 447, p. 1298, added as § 25-A on July 21, 1988, No. 122; renumbered as § 4-111 on Sept. 24, 1999, No. 305, § 36.