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339 — Puerto Rico Law | CourtGPT
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  4. Title Twenty-three - Public Planning and Development (§§ 1 — 11273)/
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  6. Chapter 25 - Puerto Rico Ports Authority § 331 - Short Title/
  7. 339
Puerto Rico Legal Code

339

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By request of the Authority, the Governor of Puerto Rico or the Department of Transportation and Public Works through its Secretary, shall have the power to purchase in the name or on behalf of the Commonwealth of Puerto Rico any property title or interest thereon that the Board deems necessary and convenient for its purposes, either by agreement or by the exercise of the right to eminent domain, or by any other legal means. The authority may make available to said officers the funds that are needed to pay for said property in advance, and once it has been acquired it may reimburse the Government of the Commonwealth for any amount paid that was not previously delivered. Upon such reimbursement to the Commonwealth Government, (or within a reasonable time as determined by the Governor if the total cost or price has been previously advanced by the Authority), the title to the property so acquired will pass to the Authority. The Secretary of Transportation and Public Works, with the Governor’s approval, may make those arrangements that he/she deems appropriate for the exploitation and control of said property by the Authority in benefit of the Commonwealth Government during the period

or’s approval, may make those arrangements that he/she deems appropriate for the exploitation and control of said property by the Authority in benefit of the Commonwealth Government during the period that elapses before said title passes to the Authority. The power conferred hereby will not limit nor restrict in any manner or to any extent the power of the Authority itself to acquire property. The title of any property of the Commonwealth of Puerto Rico previously acquired or to be acquired in the future, and deemed necessary or convenient for the purposes of the Authority, may be transferred to it by the officer in charge or having custody of said property, under the terms and conditions to be fixed by the Governor of Puerto Rico. History —May 7, 1942, No. 125, p. 710, § 9; May 14, 1952, No. 463, p. 976, § 8; Aug. 17, 1989, No. 65, p. 270, § 8, eff. 90 days after Aug. 17, 1989.