P.R. Laws tit. 10, § 1202

2019-02-20 00:00:00+00
§ 1202. Liability

Stock brokers intervening in contracts of purchase and sale or in other cash or time transactions, shall be liable to the purchaser for the delivery of such securities as said transactions refer to, and to the vendor for payment of the price or indemnity agreed upon.

History —Commerce Code, 1932, § 68.