P.R. Laws tit. 21, § 1096q

2019-02-20 00:00:00+00
§ 1096q. Transfer of funds and properties

Any legal provision or regulation to the contrary notwithstanding, the agencies of the Commonwealth of Puerto Rico are hereby authorized to cede, donate and/or otherwise transfer to the Corporation, at its request and under terms and conditions deemed reasonable, any real or personal property, or any rights on the same (including but not limited to goods already devoted for public benefit), that the Corporation may deem necessary or convenient to achieve any of its corporate goals.

In addition to what is provided in the above paragraph, any procedure, transaction, agreement or contract, including but not understood as a limitation, the expropriation, acquisition, sale, mortgage, lease, usufruct, surface right, constitution of any right of way, or any other transfer, encumbrance or cession of any real or personal property or any rights over these, to which the Corporation is a party, shall not be subject to the applicable provisions of §§ 31–31o of Title 28, or any law succeeding the latter [sic].

History —Aug. 11, 2004, No. 209, § 4.05.