P.R. Laws tit. 27, § 1202
It shall be the duty of every private carrier:
(a) Rates.— To fix and abide by reasonable minimum rates for any service rendered or to be rendered in the conveyance of passengers or property or in relation therewith, and to fix and abide by reasonable practices to be applied in connection with said rates. Every private carrier shall submit to the Commission and shall publish and keep available to the public, in the form and manner required by the Commission, both the schedules of the minimum rates charged and collected by said carrier for the conveyance of passengers or property in Puerto Rico and any practice affecting such rates.
(b) Date for filing initial rates by certain private carriers.— Those private carriers operating in good faith on the date this act takes effect, shall not be bound to file their initial rates, referred to in subsection (a) of this section, before sixty (60) days, reckoning from the date their applications, filed pursuant to subsections (c) and (d) of § 1110 of this title, are approved by the Commission.
(c) Application of certain provisions of § 1201 to private carriers.— The provisions of subsections (f), (g), (h), (i), (j), (m) and (o) of § 1201 of this title shall also be applied to private carriers. Private carriers ceasing in their operations shall deliver to the Commission, within thirty (30) days of said cessation, the documents embodying the authorization granted by the Commission.
History —June 28, 1962, No. 109, p. 288, § 39, eff. 90 days after June 28, 1962.