P.R. Laws tit. 24, § 3326o
The contracts in effect and in harmony with the laws that permitted their creation and executed prior to the effectiveness of this act, shall be subject hereafter to the provisions of §§ 3326—3326s of this title that are not in conflict with said contracts.
Those private interests that acquired health facilities pursuant to Act No. 190 of September 5, 1996, and that due to financial insolvency, bankruptcy, breach of contract, operational reduction, or other reason that causes the closing or a reduction in the operation of the facility, may sell said facilities to the Department at a deferred price, through the fixing of a rate by agreement of the Department, the Bank and the private entity, and which rate shall be credited as payment to the price fixed in favor of the Commonwealth of Puerto Rico for the purchase and transfer of said facility to the government.
History —Jan. 1, 2003, No. 3, § 17.