P.R. Laws tit. 21, § 5932
(a) The Center, at its entire discretion, shall substitute:
(1) Any credit for the transferred tax debt for one or more transferable delinquent tax debts of equal value, or
(2) reimburse to the purchaser an amount equal to the transferred tax debt credit plus the interest accrued on such transferred tax debt credit pursuant to § 5933(c) of this title, or
(3) make a combination of both remedies in the following cases:
(A) If there are two (2) or more purchasers of the credit for transferred tax debts entitled to receive payments regarding the same property.
(B) If the owner of a certificate of sale is unable to collect the credits for transferred tax debts due to the circumstances mentioned in § 5935(d) of this title.
(C) If any of the credits for transferred tax debts is deemed invalid, null or defective, in whole or in part, by the final and binding decision of a competent court, or if deemed not to be in agreement with the representations and guarantees of the Center regarding the sale of said credits for transferred tax debts.
(b) Said substitution or reimbursement shall constitute the sole and exclusive remedy available to the purchaser.
(c) The Center shall comply with the notice requirements established in §§ 5926 and 5930 of this title when proceeding to substitute a transferred tax debt credit for another transferred tax debt credit.
History —June 26, 1997, No. 21, § 14; June 30, 1998, No. 105, § 9.