Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
1017 — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Twenty-three - Public Planning and Development (§§ 1 — 11273)/
  5. Part III - Economic Stabilization/
  6. Chapter 59/
  7. 1017
Puerto Rico Legal Code

1017

Ask AI about this
The amounts recovered by the plaintiffs on behalf of consumers and/or merchants unnamed or undetermined in class suits under the laws of the Commonwealth and/or the United States of America shall be deposited in a Trust Fund to be used according to an order issued by the sentencing court, which shall see that said amounts be used in favor or in benefit of the consumers’ or merchants’ class who suffered the damage.\nThe court shall appoint an administrator for such Fund and shall fix his fees. If the administrator happens to be a government official, he shall receive no compensation whatsoever.\nDuring the year following the filing of copy of the judgment, any member of the class favored by the latter may claim his rights pursuant to the proceedings established by the court.\nAfter one year, the amounts recovered shall be deposited in a Trust Fund created by § 1016(b) of this title and shall be used for the prosecution of actions for protection of the consumers and/or merchants.\nThe court shall order the administrator to notify the members of the class through the publication of edicts in two (2) newspapers of general circulation and in a fairly visible way, once (1) a week,

The court shall order the administrator to notify the members of the class through the publication of edicts in two (2) newspapers of general circulation and in a fairly visible way, once (1) a week, during the four (4) weeks immediately following the judgment and the four (4) weeks immediately preceding the end of the one (1) year prescribed period settled in this section. The court may provide, in addition to the method herein indicated, any other it deems proper.\nHistory —June 7, 1973, No. 110, p. 455.