P.R. Laws tit. 31, § 5192

2019-02-20 00:00:00+00
§ 5192. Credits preferred—As to specified personal property of debtor

With regard to specified personal property of the debtor, the following are preferred:

(1) Credits for the construction, repair, preservation, or for the amount of the sale of personal property which may be in the possession of the debtor to the extent of the value of the same.

(2) Those secured by a pledge which may be in the possession of the creditor, with regard to the thing pledged and to the extent of its value.

(3) Those guaranteed by a security of goods or securities constituted in a public or commercial establishment with regard to the security and for the value of the same.

(4) Credits for transportation, with regard to the goods transported, for the amount of said transportation, expenses and rates of carriage and preservation, until the time of the delivery and for a period of thirty (30) days afterwards.

(5) Expenses of boarding with regard to the personal property of the debtor remaining in inns.

(6) Credits for seeds and expenses of cultivation and harvesting, advanced to the debtor, with regard to the fruits of the crops to which they were applied.

(7) Credits for rents and leases for one (1) year with regard to the personal property of the lessee existing on the estate leased and on the fruits thereof.

If the personal property, with regard to which the preference is allowed, has been surreptitiously removed, the creditor may claim it from the person who has the same, within the term of thirty (30) days counted from the time it was so removed.

History —Civil Code, 1930, § 1822.