P.R. Laws tit. 26, § 3322
2019-02-20 00:00:00+00
Every subscriber of a domestic reciprocal insurer having contingent liability shall be liable for, and shall pay his share of any assessment, as computed and limited in accordance with this chapter, if:
(1) While his policy is in force or within one year after its termination, he is notified by either the attorney or the Commissioner of his intentions to levy such assessment, or
(2) if an order to show cause why a receiver, conservator, rehabilitator, or liquidator of the insured should not be appointed is issued pursuant to §§ 4001–4024 of this title while his policy is in force or within one (1) year after its termination.
History —Ins. Code § 33.220.