P.R. Laws tit. 26, § 4034
(1) The claim of a third party claimant which is contingent only on his/her first obtaining a judgment against the insured shall be considered and allowed as if there were no such contingency.
(2) A claim may be allowed, even if contingent, if it is filed in accordance with § 4032 of this title. It may be allowed and may participate in all the distributions declared after the filing, to the extent that it does not prejudice the orderly administration of the liquidation.
(3) Claims which are not payable because their due date has not expired, shall be treated as payable claims, except that their future value may be discounted at the legal rate of interest.
(4) The claims of directors, principal officers or other persons performing similar functions or with similar authority pursuant to employment contracts, are limited to payment for services rendered before the issuance of any order of rehabilitation or liquidation pursuant to the provisions of §§ 4010 and 4015 of this title.
History —Ins. Code, added as § 40.340 on Aug. 17, 1991, No. 72, § 1; Dec. 14, 2007, No. 206, § 34.