P.R. Laws tit. 23, § 6783
(a) No enterprise, concessionaire or operator shall sell, cede, donate, alienate, encumber, convey, substitute, exchange nor lease the franchise, authorization, permit or license, or otherwise modify the terms under which they were granted, without prior authorization from the Tourism Company. In the event of death [or] permanent disability of the person who owns, controls, operates or manages the motor vehicle considered to be the working instrument for its owner, as defined in former § 309 of Title 9, the franchise that for that effect was granted shall pass to his/her spouse, if any, or surviving heirs or dependants, as the case may be; provided, at the Tourism Company’s discretion, that if they are capable, willing and able to fully comply with the applicable provisions of law, and with the requirements and regulations approved by the Company, they may operate said vehicles under the franchise previously granted.
(b) The Tourism Company shall establish, through regulations approved to that effect, the procedure and requirements to be fulfilled by enterprises, concessionaries, or operators when applying for the transfer, sale, donation, exchange, modification or substitution of franchises, authorizations, permits or licenses, and the complementary documents required for the application to be duly evaluated.
History —Dec. 19, 2002, No. 282, § 18, eff. 180 days after Dec. 19, 2002.