P.R. Laws tit. 23, § 671m
The Commonwealth of Puerto Rico, its agencies and political subdivisions, are hereby authorized to assign and convey to the Company, at the request of the latter, and under reasonable terms and conditions, with the approval of the Governor without need of a public auction, any property or interests thereon, including property already devoted to public use, which the Company believes necessary or convenient to carry out its own purposes.
The Secretary of Transportation and Public Works shall transfer to the Company, free of charge, as if they were contributions from public funds and upon the approval of the Governor of Puerto Rico, the lands of the Commonwealth which in the opinion of the Company may be deemed necessary to carry out its projects and purposes.
These provisions shall not be construed in the sense of authorizing the assignment or conveyance of property devoted to other purposes by legislative fiat, nor shall they limit or restrict in any manner whatsoever the Company’s own power to acquire property.
The Secretary of Transportation and Public Works shall submit to the Legislature every year a statement of the properties assigned and conveyed to the Company by virtue of the authorization contained herein and the value of said property.
History —June 18, 1970, No. 10, p. 413, § 14.