P.R. Laws tit. 26, § 4050
(1) In a liquidation proceeding initiated in Puerto Rico against an insurer domiciled in Puerto Rico, claimants residing in foreign countries or in states that do not grant reciprocity to Puerto Rico, shall file their claims in Puerto Rico, and the claimants who reside in reciprocal states may do so with the ancillary receivers in their respective states, if any, or with the domiciliary liquidator. Claims must be filed on or before the final date set in the domiciliary liquidation proceedings for the filing of claims.
(2) Claims filed by claimants residing in reciprocal states may be proved either in the liquidation proceedings in Puerto Rico subject to the provisions of this chapter, or in the ancillary proceedings of the reciprocal states, if any. If the domiciliary liquidator of Puerto Rico is given notice of the claims and has the opportunity to appear and be heard, as provided in § 4051(2) of this title with regard to ancillary proceedings, the final allowance of claims by the court undertaking the ancillary proceedings of the reciprocal states shall be conclusive as to the amount and the priority against special deposits or other securities located in such reciprocal states, but shall not be conclusive with regard to priorities against the general assets pursuant to § 4039 of this title.
History —Ins. Code, added as § 40.500 on Aug. 17, 1991, No. 72, § 1.