P.R. Laws tit. 26, § 8058
Once the liability and the amount of the damages to a motor vehicle in an accident has been determined through the initial liability determination system or by the courts with jurisdiction, payment of the claim shall be made in a term which shall not exceed five (5) calendar days as of said determination. If payment is made after said term, the insurer shall be subject to an additional charge calculated on the basis of the prevailing legal interest for [sic] the benefit of the claimant. Furthermore, in these cases, the Commissioner may impose any administrative fines provided in the Code. The insurer shall make the corresponding payment to the owner of the affected motor vehicle or to the body shop selected by the affected person or both. The Joint Underwriting Association shall only accept repair estimates and shall only make payments to body shops that are duly registered in the Registry of Merchants of the Department of the Treasury. For such purpose, the Department of the Treasury shall periodically provide to the Joint Underwriting Association an updated list of body shops registered in the Registry of Merchants of said Department. For purposes of this section, the owner of the vehicle is that who appears as owner in the Department of Transportation and Public Works at the time the accident occurred, or the lessee in a lease contract subscribed under the provisions of the “Act to Regulate Personal Property Lease Contracts”, §§ 2401 et seq. of Title 10.
History —Dec. 27, 1995, No. 253, § 9; Sept. 2, 2000, No. 305, § 1; Dec. 29, 2009, No. 201, § 7.