P.R. Laws tit. 10, § 2632

2019-02-20 00:00:00+00
§ 2632. Examinations

(a) The Commissioner may conduct examinations or audits of the operations of the licensee at his/her place of business. The Commissioner may also conduct special inspections as necessary in his/her judgment.

(b) Every licensee shall pay an examination fee of three hundred dollars ($300) for each day or fraction thereof, per examiner or investigator who intervenes in any examination, plus the expenses such examiners incurred in per diems and mileage, according to the norms established for officials and employees of the Commonwealth of Puerto Rico, to be paid by manager's check, certified check, money order, or bank draft to the order of the Secretary of the Treasury.

(c) If the Commissioner deems it necessary, an inspection may be conducted outside of Puerto Rico; in such case, the licensee shall pay the examination fee established in subsection (b) of this section, plus all reasonable expenses incurred during said examination, including transportation and lodging expenses.

History —Sept. 21, 2010, No. 136, § 6.2, eff. 60 days after Sept. 21, 2010.