All transfers of notes, bonds, bills of exchange or credits of the Bank or of deposits to the credit thereof, and all assignments of mortgages, security on real property, or of judgments or decrees in favor of the Bank, and all deposits of money, gold and silver bars, or other thing of value and all payments of money to its creditors, made while the Bank is insolvent, or in anticipation of insolvency, with the intent of preventing the application of the assets of the Bank in the manner prescribed in §§ 551—568 of this title, or with the intent of giving preference to one creditor over another, shall be null and ineffective. History —Sept. 23, 1948, No. 17, p. 290, §§ 14, 22; Apr. 26, 1957, No. 3, p. 3, § 3; Aug. 9, 1998, No. 215, § 12.
Puerto Rico Legal Code