P.R. Laws tit. 10, § 1550

2019-02-20 00:00:00+00
§ 1550. Liability for failure to collect credits when demandable

An agent who does not make the collection of the credits of his principal at the time they are demandable, shall be liable for the losses arising from his omission or delay unless he proves that he at the proper time made use of the legal remedies to recover the payment.

History —Commerce Code, 1932, § 191.