P.R. Laws tit. 4, § 363

2019-02-20 00:00:00+00
§ 363. Inactive balances in bank accounts of secretaries and marshals—Transfer to special deposit account

It is hereby established that all the balances that remained without any movement for a period of five (5) years or more in the bank accounts of clerks, bailiffs or those officers or employees appointed by the Administrative Director of Courts to perform collection duties in the divisions forming the Puerto Rico Court of First Instance, and whose owners, heirs or claimants, or [their] whereabouts were unknown, shall be transferred to a special deposit account in the books of the Department of the Treasury Accounting Service, previous to sending the respective funds or values to the Secretary of the Treasury by the clerks, bailiffs, or other personnel exercising collection duties, under whose charge such balances were; Provided, That all that shall be carried out following orders or resolutions issued by the respective court and previous publication of the corresponding edicts.

History —May 26, 1954, No. 38, p. 208, § 1; Jan. 8, 2004, No. 3, § 9, eff. 30 days after Jan. 8, 2004.