P.R. Laws tit. 26, § 803
2019-02-20 00:00:00+00
Securities, titles or certificates of deposit shall be registered in trust in the name of the Secretary for the purpose required pursuant to the law, and any securities payable to the bearer shall be accompanied by assignment to such Secretary in trust for such purpose. In the case of certificates of deposit, in addition to the assignment in trust, a requirement shall be submitted to the bank duly signed before a notary.
History —Ins. Code § 8.030; Aug. 4, 2008, No. 155, § 3.