P.R. Laws tit. 9, § 2063
The Administration shall have the following powers and functions, in addition to those established in this chapter:
(1) It shall have perpetual existence, may sue and be sued, and in any action in which it may intervene it shall be exempt from the payment of costs, charges and counsel fees; counsel shall be officially designated.
(2) Investigate all the phases of the problem of automobile accidents including the phases of the financial liability and of accident prevention and make the pertinent recommendations to the Governor and to the Legislature.
(3) Contract physicians, chiropractors, hospitals, clinics, laboratories and other healthcare providers to carry out the purposes of this chapter. It may also enter into agreements with the State Insurance Fund, established under the Workmen’s Accident Compensation Act, §§ 1–42 of Title 11, to use its medical-hospital facilities and with the Secretary of Health for the use of the medical-hospital facilities of the Commonwealth.
(4) Fix, annually, with the approval of the Insurance Commissioner the premium that each vehicle shall pay at the time of registering same, in accordance with the experience and the corresponding actuarial study.
(5) To acquire properties for its corporate purposes by purchase or donation, grant or bequest; to own and exercise all property rights thereon and to dispose of them in accordance with the terms and conditions that its Board of Directors may determine; as well as to borrow money or use any other facility or type of financing for the acquisition of goods that it deems necessary in the form and means the Board of Directors deems convenient.
(6) Acquire all kinds of properties in partial or full payment of debts previously contracted with the Administration, when such acquisition is necessary to diminish or avoid losses in connection with same, to retain such properties for the time it may deem convenient, to exercise thereon all property rights and to dispose of same in accordance with the terms and conditions that its Board of Directors may determine.
(7) Exercise all those incidental powers as may be necessary or convenient for the purposes of carrying out its businesses or purposes.
(8) Exercise all those corporate powers compatible with those herein set forth which are conferred by the laws of Puerto Rico to corporations and to exercise all those powers, within and without Puerto Rico in the same extent as would or may be done as a natural person.
(9) Own an official seal and alter same when it so deems convenient.
History —June 26, 1968, No. 138, p. 335, § 13, renumbered as § 15 and amended on Oct. 30, 1975, No. 12, p. 782, § 13; June 26, 1987, No. 45, p. 148, § 5; Dec. 30, 2009, No. 222, § 3.