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4597 — Puerto Rico Law | CourtGPT
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  2. Laws/
  3. Puerto Rico/
  4. Title Thirty-one - Civil Code (§§ 1 — 5305)/
  5. Subtitle 4 - Obligations and Contracts/
  6. Part X/
  7. Chapter 343/
  8. 4597
Puerto Rico Legal Code

4597

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In calculations of interest, a month shall be considered as the twelfth part of a year and as consisting of thirty (30) days, and interest for any number of days less than a month shall be calculated by the proportion which such number of days bears to thirty (30).\nHistory —Civil Code, 1930, § 1655.