Any natural person making itself [sic] to appear as partner, shareholder, or owner, or holder of lands so as to conceal or serve as an instrument to an [juridical] person in violating the provisions restricting land tenure to five hundred (500) acres, or in violating §§ 241 et seq. of this title, shall be guilty of a felony and shall, upon conviction, be punished by imprisonment in the penitentiary for a term of from two (2) to ten (10) years, [at] the discretion of the court; and the lands of such [juridical] person actually possessing the title which it has been attempted to hide or conceal shall revert to the Commonwealth of Puerto Rico, and it shall be so pronounced in the judgment. Any individual forming part of an [juridical] person, or acting as agent or in representation of an [juridical] person, whenever such [juridical] person has been created for the express or implicit purpose of concealing the acquisition, alienation, holding, possession or exploitation of land in excess of five hundred (500) acres, or any [juridical] person directly or indirectly barred from so holding, or any person forming part of an [juridical] person actually concealing the acquisition, n excess of five hundred (500) acres, or any [juridical] person directly or indirectly barred from so holding, or any person forming part of an [juridical] person actually concealing the acquisition, alienation, holding, possession or exploitation of land in excess of five hundred (500) acres, or who in any wise shall deliberately lend himself as an instrument to violate the agrarian policy set forth in §§ 241 et seq. of this title, shall be guilty of a felony and shall upon conviction, be punished by imprisonment in the penitentiary for a term of from two (2) to ten (10) years, [at] the discretion of the court; and the lands of such [juridical] persons which he may have thus attempted to conceal, shall revert to the Commonwealth of Puerto Rico, and it shall be so pronounced in the judgment. History —Apr. 12, 1941, No. 26, p. 388, § 61, eff. 90 days after Apr. 12, 1941.
Puerto Rico Legal Code