2023 Laws of Puerto Rico › TITLE ELEVEN - Workmen’s Compensation (§§ 1 — 268) › Chapter 1 - Workmen’s Accident Compensation (§§ 1 — 42) › § 39 - Definitions

Special equipment.— Shall be understood to mean orthopedic supports, crutches, walkers, canes, wheelchairs, position beds and any other equipment that facilitates the functioning of the totally and permanently disabled employee so that he/she can tend to his/her daily needs.
Administrator or Insurer.— Wherever this chapter says “Administrator” or “Insurer”, it shall be understood that it is the Administrator of the State Insurance Fund Corporation.
Credit rating agencies.— Are those entities recognized in Puerto Rico, the United States and at the international level, in order to establish credit quality regarding those securities to be issued in the market.
Risk capital.— Is the capital investment in high risk newly formed or budding corporations which have a high growth potential.
Casual or accidental nature.— That which constitutes an accidental or casual job shall be determined by the Industrial Commission through regulations approved by the Governor, taking into consideration the type of job performed, the cost for the employer, the duration period of said job, and most of all, its relationship with the business or industry of the employer of the employee who suffers the accident.
Commission.— Wherever the word “Commission” is used in this chapter, it shall be understood that it refers to the Industrial Commission.
Corporation.— Wherever the word “Corporation” is used in this chapter, it shall be understood that it is the State Insurance Fund Corporation.
Worker or employee.— Shall be understood to mean any person in the service of any individual, partnership or corporation regularly employing workers covered under the provisions of this chapter, including the owner of an individual business or trade working on a full-time basis in said business or trade whose gross income does not exceed one million dollars ($1,000,000) a year.
The word “employee” includes every worker employed for some form of compensation in any establishment or manufacturing, business or agricultural occupation by any natural or juridical person and by the Commonwealth Government or any of its dependencies, pursuant to the purposes of this chapter.
Highest credit rating levels.— Shall be the top four (4) categories awarded by the credit rating agencies when rating securities as to their credit quality.
State Insurance Fund.— Wherever the term “State Insurance Fund” is used, it shall be understood to mean the State Insurance Fund Corporation.
Futures.— Are contracts awarded in established markets which specify a future delivery date or the receipt of a defined amount of a tangible or intangible product of a specific nature.
Debt instruments.— Indicates securities with a maturity in excess of one year, such as bonds, promissory notes, instruments guaranteed by mortgages and others comparable in terms of investment assets.
Money market instruments.— Indicates negotiable securities with a maturity of less than one year, such as trade bills, certificates of deposit, bank acceptances, among others.
Board.— Is the Board of Directors of the State Insurance Fund Corporation.
[Refusal of] or opposition to treatment.— As provided in § 5 of this title, shall be any voluntary act by the injured party which may harm, hinder, prolong or impede his/her treatment or which may worsen, or risk worsening his/her condition, including in this definition any disorderly conduct incurred by the injured party which as a result may disturb the peace of a health facility for the treatment of injured employees; any immoral act committed during the period of hospitalization which renders undesirable the permanence of such a patient in such a health institution; and evident drunkenness of the worker during hospitalization when it is contraindicated in the established treatment or when it somehow contributes to prolong such treatment, or when such drunkenness is accompanied by acts harmful to the discipline of the institution, or is evidently bothersome to other hospitalized patients.
Options.— Are rights to purchase or sell a fixed amount of a specific financial instrument at a price defined by a determined time limit.
History —Apr. 18, 1935, No. 45, p. 250, § 38; June 22, 1957, No. 94, p. 439, § 7; July 1, 1986, No. 57, p. 198, § 2; Oct. 29, 1992, No. 83, § 4; renumbered as § 36 on July 1, 1996, No. 63, § 3; Dec. 22, 2006, No. 284, § 2; Aug. 1, 2008, No. 147, § 6.