Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
111dd — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Thirteen - Taxation and Finance (§§ 1 — 33423)/
  5. Subtitle 1 - Governmental Finances/
  6. Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act Sub/
  7. Subchapter I - General Provisions § 111 - Short Title and Fiscal Emergency/
  8. 111dd
Puerto Rico Legal Code

111dd

Ask AI about this
No preference action by or on behalf of creditors of any eligible obligor or petitioner shall be prosecuted. No fraudulent transfer action by or on behalf of creditors of any eligible obligor or petitioner shall be prosecuted except such actions for a transfer, or an incurrence of an obligation, that was made with actual intent to hinder, delay, or defraud creditors. Any and all such actions shall be controlled and prosecuted solely by the Commonwealth, in the discretion of its Attorney General, for the benefit of the creditors entitled to bring the action outside of this chapter. History —June 28, 2014, No. 71, § 131.