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1627 — Puerto Rico Law | CourtGPT
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  3. Puerto Rico/
  4. Title Ten - Commerce (§§ 1 — 4196)/
  5. Subtitle 2/
  6. Part II/
  7. Chapter 79/
  8. 1627
Puerto Rico Legal Code

1627

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Whenever, with the consent of the depositor, the depositary disposes of the articles on deposit either for himself or for his business, or for transactions intrusted to him by the former, the rights and obligations of the depositary and of the depositor shall cease, and the rules and provisions applicable to the commercial loans, commission, or contract which took the place of the deposit shall be observed.\nHistory —Commerce Code, 1932, § 227.