916a

Every lease contract, title deed, transfer or assignment of any portion of the property the Authority shall establish explicitly that the contracting private person or entity, whether lessee, assignee or donee, is aware of, knows and shall comply fully with the provisions of §§ 901—917 of this title, any design plan or standard adopted or to be adopted by the Authority, and all conditions and restrictions imposed upon the Authority. Such representation shall be printed on the contract, lease contract, title deed or other transfer document in bold lettering. However, the Authority may ignore this requirement if the Board determines that what is being pursued in carrying out its governmental duties is the public goal of assisting the different departments, agencies, instrumentalities, authorities, public corporations and municipalities of the Commonwealth of Puerto Rico. The content of the lease contract, title deed, transfer or assignment of any portion of the property of the Authority shall be evaluated in accordance with the Authority’s need for flexibility and the most appropriate mechanisms to ensure the compliance of private entities with the applicable legal provisions.

ority shall be evaluated in accordance with the Authority’s need for flexibility and the most appropriate mechanisms to ensure the compliance of private entities with the applicable legal provisions. History —June 19, 1958, No. 56, p. 120, added as § 15A on May 16, 2006, No. 97, § 15.