P.R. Laws tit. 24, § 3132
All Trust moneys shall be deposited with the Bank or depositories qualified to receive funds from the Government of Puerto Rico, but they shall be maintained in a separate account or in separate accounts in the name of the Trust. Disbursements shall be made according to the regulations and budgets approved by the Trust.
The Trust shall establish, according to generally accepted public accounting principles, the accounting system required for the proper control and statistical recording of all expenses and revenues belonging to, managed or controlled by the Trust. The accounting procedures of the Trust shall be maintained in such a way that the accounts may be properly identified and kept separately, as advisable, in relation to the various types of businesses and activities of the Trust.
History —July 30, 1999, No. 173, § 14.