P.R. Laws tit. 26, § 4041
2019-02-20 00:00:00+00
Under the supervision of the Receivership Court, the liquidator shall pay the distributions in such a way that they will ensure the proper acknowledgement of priorities and create a reasonable balance between the prompt completion of the liquidation and the protection of unliquidated and undetermined claims, including third party claims. All claims approved within the same class shall be paid at the same percent.
History —Ins. Code, added as § 40.410 on Aug. 17, 1991, No. 72, § 1; Dec. 14, 2007, No. 206, § 38.