P.R. Laws tit. 31, § 4791
2019-02-20 00:00:00+00
An aleatory contract of annuity binds the debtor to pay a pension or annual income to one or more specified persons for life, for a principal in personal or real property, the ownership of which is at once transferred to said debtor charged with the income.
History —Civil Code, 1930, § 1702.