P.R. Laws tit. 12, § 1309

2019-02-20 00:00:00+00
§ 1309. Acquisition of property by Commonwealth; reimbursement

Upon request by the Authority, the Government of Puerto Rico may acquire the title deed to any property or interest thereon by purchase, condemnation or any other legal means in behalf and in representation of the Commonwealth of Puerto Rico, for the use and benefit of the Authority, as it may deem necessary or convenient for carrying out its purposes, including its future needs, pursuant to the provisions of this chapter and the laws of Puerto Rico related to the condemnation of private property. The Authority may make available, in advance, to said officials such funds as may be needed to purchase said property, and after the property has been acquired it may reimburse any amount paid, which had not been provided previously, to the Government of the Commonwealth of Puerto Rico. Once such reimbursement has been paid to the Government of the Commonwealth of Puerto Rico (or in a reasonable period of time, if the total cash or price has been paid by the Authority, as determined by the Governor), the title deed to the property thus acquired shall pass to the Authority. When property has been acquired by condemnation, the title deed to said property shall be transferred to the Authority by order of the Court in said jurisdiction, through a document stating that the Authority has advanced or reimbursed the cost or total price of such property. The faculty that is hereby being conferred shall in no way limit or restrict the vested power of the Authority to acquire property. The title deed to any property of the Commonwealth of Puerto Rico that has been acquired or may be acquired in the future, which is deemed necessary or convenient for the purposes of the Authority, may be transferred to it by the official in charge of said property or having it in his custody under the terms and conditions established by the Governor, or the official or agency designated by him.

History —June 23, 1978, No. 70, p. 222, § 10.