P.R. Laws tit. 10, § 948
(a) Revocation of license .—Upon notice and hearing of the concessionaire the Commissioner may revoke any license if he finds that:
(1) A fact exists which, had it existed or had it been known at the time of the filing of the petition, would have justified the refusal of the Commissioner to issue the license, or
(2) the concessionaire has violated any of the provisions of this chapter after having been required to comply with same through order issued under the provisions of § 949 of this title.
The hearing shall be held not less than 10 days after the written notice. Said notice shall contain the date, hour and place of same and a brief recital of the grounds for the revocation.
(b) Order of revocation.—Every revocation of a license and its effective date shall be established through a written order, together with the issues of law, and a copy of the latter shall be sent to the concessionaire. Said order, findings of fact and issues of law and the evidence considered by the Commissioner, shall be filed in the public records of the Office of the Commissioner.
(c) Temporary suspension of license.—If the Commissioner finds that there is probable cause for the revocation of any license he may suspend the license temporarily for a period of time not exceeding 20 days after due notice and hearing while the proper investigation is conducted.
(d) Waiver of license.—Any concessionaire may relinquish a license through a written notice to the Commissioner.
(e) Existing contracts. — No revocation, suspension or waiver of any license shall diminish or affect the obligations arising from a valid contract in force between the concessionaire and other persons.
History —June 28, 1965, No. 106, p. 278, § 8; July 22, 1988, No. 132, p. 543, § 7.