P.R. Laws tit. 31, § 4178

2019-02-20 00:00:00+00
§ 4178. Redemption of annuities constituted before promulgation of civil code of 1889

For the redemption of annuities constituted before the promulgation of the Civil Code of 1889, should the principal be unknown, it shall be regulated by the principal which may result by computing the income at three (3) percent.

If the income is paid in fruits, they shall be appraised, for the determination of the capital, at the average price they may have had during the last five (5) years.

The provisions of this section shall not apply to surface rights nor to any other similar encumbrances, which shall be governed in the manner provided for in § 4251 of this title.

History —Civil Code, 1930, § 1503.