P.R. Laws tit. 23, § 228

2019-02-20 00:00:00+00
§ 228. Definitions

For the purposes of this chapter, the following words shall have the meaning expressed below:

(a) Naming rights.— These rights constitute the whole of contractual rights whereby an entity that owns a property, project or event of a public nature confers to a sponsor, in exchange for financial compensation and for a specific period of time, the exclusive right to include his/her name or brand, as the case may be, into the name of said public event, property or project.

(b) Government of Puerto Rico.— Includes the Central Government, its agencies, departments, instrumentalities, political subdivisions, boards, bureaus, municipalities and public corporations; and excludes the Legislative and the Judicial Branches and their respective dependencies, divisions or departments.

(c) Public property.— Includes any personal or real, tangible or intangible property, projects or events, of a public nature, including but not limited to buildings, facilities, spaces, highways, expressways, tolls, promenades, parks, gardens, sports facilities, building complexes, offices and any other physical spaces or parts of properties, except for schools, hospitals and historical buildings belonging to the Government of Puerto Rico, as defined in this chapter.

(d) Secretary.— The Secretary of the Treasury of Puerto Rico.

History —Nov. 26, 2007, No. 170, § 2.