P.R. Laws tit. 26, § 2204
2019-02-20 00:00:00+00
Every surety insurance which guarantees performance of a contract, whether a civil or criminal bond, or any type of obligation shall jointly and severally bind the insurer and his principal, but subject to the terms of prescription or caducity.
History —Ins. Code, added as § 22.040 on May 10, 1976, No. 32, p. 84, § 21.