P.R. Laws tit. 10, § 1541

2019-02-20 00:00:00+00
§ 1541. Improper use of funds received for commission

An agent who, having received funds to discharge a commission, invests them in or uses them for a purpose other than that of the commission, shall pay the constituent the principal and its legal interest, and shall be liable from the date on which he received the same, for the loss and damage caused by reason of noncompliance with the commission, without prejudice to the criminal action which may be proper.

History —Commerce Code, 1932, § 182.