P.R. Laws tit. 21, § 5931
(a) The receipt of the sales price of transferable tax debts in default shall constitute the collection by the Center of the transferable tax debts in default and it shall be reflected in its registers or records as totally paid off.
(b) The Center shall deposit the amounts received for the credits for transferred tax debts, including those received by virtue of subsection (g) of § 5923 of this title, in the trust created by § 5803(c) of this title, and said amounts shall be applied pursuant to the provisions of § 5816 of this title, except that the Center shall deposit any amount received in payment of the credits for transferred tax debts belonging to the Government of Puerto Rico for fiscal years 1974-1975 to 1990-1991 in the General Fund of the Government of Puerto Rico, as may be fitting according to the law in effect at the time the tax was levied. If for any reason the amounts corresponding to other funds were to be deposited in the General Fund of the Government of Puerto Rico, the Department of the Treasury shall remit said amounts to the Center within a term of thirty (30) days from the date these were deposited. ln case other amounts corresponding to the General Fund of the Government of Puerto Rico were to be deposited in other funds, the Center shall remit said amounts to said Fund within the term of thirty (30) days from the date of the deposit.
History —June 26, 1997, No. 21, § 13.