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263 — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Twenty-eight - Public Lands/
  5. Part II - Land Authority/
  6. Chapter 31 - Creation and Powers Sub/
  7. Subchapter II - General Powers and Faculties § 261 - General Rights and Powers/
  8. 263
Puerto Rico Legal Code

263

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All the moneys of the Authority shall be deposited with recognized depositaries of the funds of the Commonwealth of Puerto Rico, but they shall be kept in a separate account or accounts registered in the name of the Authority. Disbursements shall be made by the Authority in accordance with its own regulations and budgets. History —Apr. 12, 1941, No. 26, p. 388, § 10; May 28, 1954, No. 46, p. 260, § 2.