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1854 — Puerto Rico Law | CourtGPT
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  8. 1854
Puerto Rico Legal Code

1854

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No person shall be punished under this chapter unless it is proved to the satisfaction of the court that the holder of the check, draft, letter of credit, or order, or his agent, has personally notified the drawer or endorser to pay the holder or to his agent at the address to be specified on the notice, the amount of the check, draft, letter of credit, or order within a term of not less than ten (10) days, if the drawer or endorser to whom the notice is directed resides in the locality of the holder, and not less than fifteen (15) days if he resides in another municipality of the Commonwealth. Said term shall be computed from the date of the notice to the drawer or endorser of the unpaid draft, check, letter of credit, or order.\nHistory —Apr. 25, 1934, No. 26, p. 278, § 4, eff. 90 days after Apr. 25, 1934.