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863 — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Seventeen - Housing (§§ 1 — 1546)/
  5. Chapter 30 - Insure, Co-insure, Re-insure of Mortgages § 861 - Authorization/
  6. 863
Puerto Rico Legal Code

863

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In those cases in which the Agency has to settle the liability assumed as the mortgage insurer with regard to the acquisition of lots, it shall make the corresponding payment in debenture bonds or in cash, from the moneys deposited in the Fund, or in a combination of both, to be determined by the Secretary. History —July 26, 1995, No. 86, § 3.