Transactions which take place on exchange shall be complied with under the conditions and in the manner and form agreed upon by the contracting parties, and can be either for cash or on time, definite or optional, with or without brokerage, stating at the time of announcing the same the conditions which may have been stipulated in each transaction.\nAll these transactions shall constitute demandable obligations and may be made the basis of actions before courts.\nHistory —Commerce Code, 1932, § 50.
Puerto Rico Legal Code