As a requirement for the continuous effectiveness of the contract executed, the natural or juridical person to whom naming rights over any public property are awarded shall be responsible for being up to date in their obligations to pay to the Government of Puerto Rico any taxes on account of income, excise taxes, municipal license fees, taxes on real and personal property, and any other applicable fee and tariff pursuant to the provisions in the body of laws of Puerto Rico.
History —Nov. 26, 2007, No. 170, § 10.