P.R. Laws tit. 16, § 626k
(a) Every political action committee, campaign committee, and authorized committee shall designate a bank authorized to do business in Puerto Rico as its exclusive campaign depository. No financial institution shall refuse to open or maintain a bank account for a committee established under the provisions of this chapter; provided, that said account complies with the local and Federal provisions set forth in connection therewith. There shall be no discrimination against any committee with respect to the opening of a bank account.
(b) Every committee shall keep a campaign account in its name with such depository in a branch open to the public. The committee may have other accounts with such depository, but in the same branch. The accounts shall identify the committee by its full name and no acronym may be used.
(c) Every contribution received directly or indirectly by the committee shall be deposited in the campaign account.
(d) Every disbursement made by a committee shall be by check drawn on the campaign account, except in the case of a petty cash disbursement.
(e) The committee may keep petty cash funds for making disbursements under two hundred fifty dollars ($250), but shall keep a record of such disbursements as required by § 626j of this title.
History —Nov. 18, 2011, No. 222, § 7.011; renumbered as § 6.011 on Dec. 19, 2014, No. 233, § 42.