P.R. Laws tit. 21, § 5810
The officials and employees of the Center, who in any way intervene or have money, securities or any other public property under their custody, shall be covered by a fidelity bond that shall guarantee faithful compliance with their functions and duties. The Board, after consulting with the Secretary of his authorized representative, shall decide through regulation those officials and employees who shall be covered by said bond and the amount thereof for each one of them.
The Secretary shall represent the Center in every aspect related to the contracting of the bond, the risks to be covered and processing of all claims that may arise under the terms of the policy, in the manner he deems best for the public interest. To those effects, the Executive Director of the Center shall annually submit to the Secretary, on the date he determines, a list of the names of the officials and employees that according to the applicable regulations should be covered by said bond.
History —Aug. 30, 1991, No. 80, § 11.