P.R. Laws tit. 10, § 1342
2019-02-20 00:00:00+00
A commercial company contract executed according to the essential requisites of law shall be valid and binding among the parties thereto, no matter what the licit and honest form, conditions, and combinations thereof may be, provided they are authorized by this Code or by special laws.
History —Commerce Code, 1932, § 96.