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1541 — Puerto Rico Law | CourtGPT
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  4. Title Ten - Commerce (§§ 1 — 4196)/
  5. Subtitle 2/
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  7. Chapter 77/
  8. Subchapter I/
  9. 1541
Puerto Rico Legal Code

1541

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An agent who, having received funds to discharge a commission, invests them in or uses them for a purpose other than that of the commission, shall pay the constituent the principal and its legal interest, and shall be liable from the date on which he received the same, for the loss and damage caused by reason of noncompliance with the commission, without prejudice to the criminal action which may be proper.\nHistory —Commerce Code, 1932, § 182.