P.R. Laws tit. 21, § 652c
Any trustee or assignee, except a receiver appointed by authority of law, who is in possession of only a part of an individual’s property shall notify the Finance Director of his fiduciary relation or of his having become an assignee, as the case may be, within ten (10) days following the date when said relation arises or the assignment shall have been executed. In the case of joint trustee or assignees, the notice by one of the trustees or assignees shall be considered as a notice by all of them.
Any trustee or assignee bound by §§ 651–652y of this title to file a tax return shall be subject to all the provisions of those sections applicable to his constituent or assignor.
History —July 10, 1974, No. 113, Part 1, p. 371, § 31; Nov. 17, 1992, No. 93, § 21.