Persons with the preferential right referred to in § 31a of this title may not exercise said right should any department, agency, instrumentality of the Commonwealth of Puerto Rico or municipality notify the titleholder certifying in writing its interest in acquiring the expropriated or otherwise acquired property with the aforementioned exception, for public utility purposes, prove its need and capacity for the acquisition and comply with the requirements established to that effect by this title. The interested party must acquire the property within the two (2) years following the notice. The titleholder, as he/she appears in §§ 31—31o of this title regarding the properties of the Commonwealth of Puerto Rico, is the Secretary of the Department of Transportation and Public Works. As to the other properties, the titleholder shall be the department, agency, instrumentality of the Commonwealth of Puerto Rico, or the municipality that has acquired the property.
History —Dec. 10, 1975, No. 12, p. 964, § 4; July 2, 1987, No. 82, p. 1291, § 3; Dec. 24, 1991, No. 122, § 3.