P.R. Laws tit. 26, § 4036

2019-02-20 00:00:00+00
§ 4036. Liquidation—Evaluation of claims

(1) When a claim is denied in whole or in part by the liquidator, written notice of the determination shall be given to the claimant or his/her representative by first-class mail at the address shown [on] the claims form. Within thirty (30) days after the notice has been mailed, the claimant may file his/her objections with the liquidator. If no such filing is made, the claimant may not further object to the determination.

(2) Regarding the determination of the liquidator, the claimant may resort to the Receivership Court for a review.

(3) The provisions of this section shall not apply to disputes with respect to determinations of coverage by a guaranty association as part of its statutory obligations.

History —Ins. Code, added as § 40.360 on Aug. 17, 1991, No. 72, § 1; Dec. 14, 2007, No. 206, § 36.