P.R. Laws tit. 26, § 2505
2019-02-20 00:00:00+00
(1) The trust may invest its funds in securities authorized in Chapter 6 of this Code, pursuant to the investment policy dictated by the native insurer.
However, the trust shall not invest its funds in investments whose value is affected by the occurrence of the risks covered by catastrophic insurance in Puerto Rico.
(2) The revenues obtained from the investment of the funds shall also be a part of the reserve for catastrophic insurance losses.
History —Ins. Code, added as § 25.050 on Aug. 12, 1994, No. 73, § 1.