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816 — Puerto Rico Law | CourtGPT
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  7. 816
Puerto Rico Legal Code

816

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Any payment agreement entered into between PREPA or PRASA and its customers for the payment or amortization of debt shall have a specific term, or a maximum number of installments, within which the payment of the outstanding debt must be made. PREPA and PRASA may establish an initial minimum payment as a condition to execute the payment agreement. Provided, That the provisions of this section shall not apply to payment agreements entered into pursuant to § 822 of this title. History —Apr. 7, 2016, No. 22, § 2.6.