P.R. Laws tit. 26, § 1013a
2019-02-20 00:00:00+00
(1) Any surplus line broker who fails to file his report on the surplus line coverage and fails to pay the specified tax within the term established in § 1013 of this title shall be punished by an administrative fine of twenty-five dollars ($25) for each day in arrears, subject to the right of the Commissioner to grant a reasonable extension of time for such filing and payment.
History —Ins. Code, added as 10.131 on July 23, 1974, No. 151, Part 1, p. 695, § 13; June 18, 1980, No. 151, p. 678, § 4.