P.R. Laws tit. 31, § 5214

2019-02-20 00:00:00+00

§ 5214. Order of payment of credits having no preference, etc

Credits which have no preference with regard to certain property, and those which have preference for the amount not collected, or when the right of preference should have prescribed, shall be paid according to the following rules:

(1) In the order established in § 5194 of this title.

(2) Those preferred by dates, according to their order, and those which have a common date, pro rata.

(3) Common credits, referred to in § 5195 of this title, without consideration of their dates.

History —Civil Code, 1930, § 1829.