P.R. Laws tit. 21, § 1096p
It is hereby provided that the Department shall allocate from its budget, those funds, benefits and resources it may deem convenient for the operations of the administration of the Corporation created pursuant to this chapter.
The monies of the Corporation shall be deposited with acceptable depositories according to law. The disbursements shall be made by the Corporation according to the applicable legal provisions.
The Corporation, in consultation with the Secretary of the Treasury, shall establish the accounting system required to ensure the proper control and registration of all expenses and revenues belonging to or administered or controlled by the Corporation. The accounts of the Corporation shall be maintained so that they may be properly segregated and kept separate, as far as may be advisable, taking into consideration the various types of operations, projects, enterprises and activities of the Corporation.
History —Aug. 11, 2004, No. 209, § 4.04.