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2106a — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Twenty-six - Insurance (§§ 101 — 10377)/
  5. Subtitle 1 - Insurance Generally/
  6. Chapter 21 - Automobile Clubs or Associations and Service Contracts Sub/
  7. Subchapter I - Automobile Clubs or Associations § 2106a - Books and Documents Required/
  8. 2106a
Puerto Rico Legal Code

2106a

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Every motorist club or association shall keep true and full accounts, as well as books carrying their assets, obligations, transactions and business, in accordance with accounting methods and practices generally accepted. All books and accounts shall be kept in such a manner as to facilitate the preparation of the reports required from the motorist club or association, as well as to make accessible the examination of the business by the Commissioner. History —Ins. Code, added as § 21.061 on July 23, 1974, No. 133, Part 1, p. 598, § 19.