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https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/409/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 409 - Adverse title is no defense except as above provided
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 409 - Adverse title is no defense except as above provided
Except as provided in §§ 407 and 408 of this title and in §§ 399 and 426 of this title, no right or title of a third person shall be a defense to an action brought by the depositor or person claiming under him against the warehouseman for failure to deliver the goods according to the terms of the receipt. History —Feb....
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/410/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 410 - Liability for nonexistence or incorrect description of goods
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 410 - Liability for nonexistence or incorrect description of goods
A warehouseman shall be liable to the holder of a receipt for damages caused by the nonexistence of the goods or by the failure of the goods to correspond with the description thereof in the receipt at the time of its issue. If, however, the goods are described in a receipt merely by a statement of marks or labels upon...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/411/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 411 - Liability for care of goods
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 411 - Liability for care of goods
A warehouseman shall be liable for any loss or injury to the goods caused by his failure to exercise such care in regard to them as a reasonably careful owner of similar goods would exercise, but he shall not be liable, in the absence of an agreement to the contrary, for any loss or injury to the goods which could not ...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/412/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 412 - Goods must be kept separate
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 412 - Goods must be kept separate
Except as provided in § 413 of this title, a warehouseman shall keep the goods so far separate from goods of other depositors, and from other goods of the same depositor for which a separate receipt has been issued, as to permit at all times the identification and re-delivery of the goods deposited. History —Feb. 21, 1...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/413/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 413 - Fungible goods may be commingled, if warehouseman authorized
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 413 - Fungible goods may be commingled, if warehouseman authorized
If authorized by agreement or by custom, a warehouseman may mingle fungible goods with other goods of the same kind and grade. In such case the various depositors of the mingled goods shall own the entire mass in common and each depositor shall be entitled to such portion thereof as the amount deposited by him bears to...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/414/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 414 - Liability of warehouseman to depositors of commingled goods
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 414 - Liability of warehouseman to depositors of commingled goods
The warehouseman shall be severally liable to each depositor for the care and redelivery of his share of such mass to the same extent and under the same circumstances as if the goods had been kept separate. History —Feb. 21, 1918, No. 9, p. 22, § 24.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/415/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 415 - Attachment or levy upon goods for which negotiable receipt has been issued
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 415 - Attachment or levy upon goods for which negotiable receipt has been issued
If goods are delivered to a warehouseman by the owner or by a person whose act in conveying the title to them to a purchaser in good faith for value would bind the owner, and a negotiable receipt is issued for them, they cannot thereafter while in the possession of the warehouseman, be attached by garnishment or otherw...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/416/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 416 - Creditors’ remedies to reach negotiable receipts
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 416 - Creditors’ remedies to reach negotiable receipts
A creditor whose debtor is the owner of a negotiable receipt shall be entitled to such aid from courts of appropriate jurisdiction, by injunction and otherwise, in attaching such receipt or in satisfying the claim by means thereof as is allowed at law or in equity, in regard to property which cannot readily be attached...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/417/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 417 - What claims are included in the warehouseman’s lien
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 417 - What claims are included in the warehouseman’s lien
Subject to the provisions of § 420 of this title, a warehouseman shall have a lien on goods deposited or on the proceeds thereof in his hands, for all lawful charges for storage and preservation of the goods; also for all lawful claims for money advanced, interest, insurance, transportation, labor, weighing, coopering ...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/418/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 418 - Against what property the lien may be enforced
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 418 - Against what property the lien may be enforced
Subject to the provisions of § 420 of this title a warehouseman’s lien may be enforced: (a) Against all goods, whenever deposited, belonging to the person who is liable as debtor for the claims in regard to which the lien is asserted, and (b) against all goods belonging to others which have been deposited at any time b...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/419/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 419 - How the lien may be lost
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 419 - How the lien may be lost
A warehouseman loses his lien upon goods: (a) By surrendering possession thereof, or (b) by refusing to deliver the goods when a demand is made with which he is bound to comply under the provisions of this chapter. History —Feb. 21, 1918, No. 9, p. 22, § 29.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/420/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 420 - Negotiable receipt must state charges for which lien is claimed
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 420 - Negotiable receipt must state charges for which lien is claimed
If a negotiable receipt is issued for goods, the warehouseman shall have no lien thereon, except for charges for storage of these goods subsequent to the date of the receipt, unless the receipt expressly enumerates other charges for which a lien is claimed. In such case there shall be a lien for the charges enumerated ...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/421/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 421 - Warehouseman need not deliver until lien is satisfied
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 421 - Warehouseman need not deliver until lien is satisfied
A warehouseman having a lien valid against the person demanding the goods may refuse to deliver the goods to him until the lien is satisfied. History —Feb. 21, 1918, No. 9, p. 22, § 31.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/422/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 422 - Warehouseman’s lien does not preclude other remedies
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 422 - Warehouseman’s lien does not preclude other remedies
Whether a warehouseman has or has not a lien upon the goods, he is entitled to all remedies allowed by law to a creditor against his debtor, for the collection from the depositor of all charges and advances which the depositor has expressly or impliedly contracted with the warehouseman to pay. History —Feb. 21, 1918, N...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/423/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 423 - Satisfaction of lien by sale
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 423 - Satisfaction of lien by sale
A warehouseman’s lien for a claim which has become due may be satisfied as follows: The warehouseman shall give a written notice to the person on whose account the goods are held, and to any other person known by the warehouseman to claim an interest in the goods. Such notice shall be given by delivery in person or by ...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/424/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 424 - Perishable and hazardous goods
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 424 - Perishable and hazardous goods
If goods are of a perishable nature, or by keeping will deteriorate greatly in value, or by their odor, leakage, inflammability, or explosive nature, will be liable to injure other property, the warehouseman may give such notice to the owner, or the person in whose name the goods are stored, as is reasonable and possib...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/425/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 425 - Other methods of enforcing liens
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 425 - Other methods of enforcing liens
The remedy for enforcing a lien herein provided does not preclude any other remedies allowed by law for the enforcement of a lien against personal property nor bar the right to recover so much of the warehouseman’s claim as shall not be paid by the proceeds of the sale of the property. History —Feb. 21, 1918, No. 9, p....
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/426/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 426 - Effect of sale
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 426 - Effect of sale
After goods have been lawfully sold to satisfy a warehouseman’s lien, or have been lawfully sold or disposed of because of their perishable or hazardous nature, the warehouseman shall not thereafter be liable for failure to deliver the goods to the depositor, or owner of the goods, or to a holder of the receipt given f...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/427/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 427 - Negotiation of negotiable receipts by delivery
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 427 - Negotiation of negotiable receipts by delivery
A negotiable receipt may be negotiated by delivery: (a) Where, by the terms of the receipt, the warehouseman undertakes to deliver the goods to the bearer, or (b) where, by the terms of the receipt, the warehouseman undertakes to deliver the goods to the order of a specified person, and such person or a subsequent indo...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/428/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 428 - Negotiation of negotiable receipts by indorsement
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 428 - Negotiation of negotiable receipts by indorsement
A negotiable receipt may be negotiated by the indorsement of the person to whose order the goods are, by the terms of the receipt, deliverable. Such indorsement may be in blank, to bearer or to a specified person. If indorsed to a specified person, it may be again negotiated by the indorsement of such person in blank, ...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/429/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 429 - Transfer of receipts
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 429 - Transfer of receipts
A receipt which is not in such form that it can be negotiated by delivery may be transferred by the holder by delivery to a purchaser or donee. A nonnegotiable receipt cannot be negotiated, and the indorsement of such a receipt gives the transferee no additional right. History —Feb. 21, 1918, No. 9, p. 22, § 39.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/430/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 430 - Who may negotiate a receipt
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 430 - Who may negotiate a receipt
A negotiable receipt may be negotiated: (a) By the owner thereof, or (b) by any person to whom the possession or custody of the receipt has been entrusted by the owner, if, by the terms of the receipt, the warehouseman undertakes to deliver the goods to the order of the person to whom the possession or custody of the r...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/431/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 431 - Rights of person to whom a receipt has been negotiated
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 431 - Rights of person to whom a receipt has been negotiated
A person to whom a negotiable receipt has been duly negotiated acquires thereby: (a) Such title to the goods as the person negotiating the receipt to him had or had ability to convey to a purchaser in good faith for value, and also such title to the goods as the depositor or person to whose order the goods were to be d...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/432/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 432 - Rights of person to whom a receipt has been transferred
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 432 - Rights of person to whom a receipt has been transferred
A person to whom a receipt has been transferred but not negotiated, acquires thereby, as against the transferor, the title of the goods, subject to the terms of any agreement with the transferor. If the receipt is nonnegotiable such person also acquires the right to notify the warehouseman of the transfer to him of suc...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/433/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 433 - Transfer of negotiable receipt without indorsement
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 433 - Transfer of negotiable receipt without indorsement
Where a negotiable receipt is transferred for value by delivery, and the indorsement of the transferor is essential for negotiation, the transferee acquires a right against the transferor to compel him to indorse the receipt, unless a contrary intention appears. The negotiation shall take effect as of the time when the...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/434/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 434 - Warranties on sale of receipt
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 434 - Warranties on sale of receipt
A person who, for value, negotiates or transfers a receipt by indorsement or delivery, including one who assigns for value, a claim secured by a receipt, unless a contrary intention appears, warrants: (a) That the receipt is genuine; (b) that he has a legal right to negotiate or transfer it; (c) that he has knowledge o...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/435/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 435 - Indorser not a guarantor
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 435 - Indorser not a guarantor
The indorsement of a receipt shall not make the indorser liable for any failure on the part of the warehouseman or previous indorsers of the receipt to fulfil their respective obligations. History —Feb. 21, 1918, No. 9, p. 22, § 45.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/436/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 436 - No warranty implied from accepting payment of a debt
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 436 - No warranty implied from accepting payment of a debt
A pledgee or holder for security of a receipt who in good faith demands or receives payment of the debt for which such receipt is security, whether from a party to a draft drawn for such debt or from any other person, shall not by so doing be deemed to represent or to warrant the genuineness of such receipt or the quan...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/437/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 437 - When negotiation not impaired by fraud, mistake, or duress
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 437 - When negotiation not impaired by fraud, mistake, or duress
The validity of the negotiation of a receipt is not impaired by the fact that such negotiation was a breach of duty on the part of the person making the negotiation, or by the fact the owner of the receipt was induced by fraud, mistake, or duress to intrust the possession or custody of the receipt to such person, if th...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/438/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 438 - Subsequent negotiation
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 438 - Subsequent negotiation
Where a person having sold or pledged goods which are in a warehouse and for which a negotiable receipt has been issued, or having sold or pledged the negotiable receipt representing such goods, continues in possession of the negotiable receipt, the subsequent negotiation thereof by that person under any sale, or other...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/439/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 439 - Negotiation defeats vendor’s lien
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 439 - Negotiation defeats vendor’s lien
Where a negotiable receipt has been issued for goods, no seller’s lien or right of stoppage in transit shall defeat the rights of any purchaser for value in good faith to whom such receipt has been negotiated, whether such negotiation be prior or subsequent to the notification to the warehouseman who issued such receip...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/440/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 440 - Issue of receipt for goods not received
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 440 - Issue of receipt for goods not received
A warehouseman or any officer, agent, or servant of a warehouseman, who issues or aids in issuing a receipt knowing that the goods for which such receipt is issued have not been actually received by such warehouseman, or are not under his actual control at the time of issuing such receipt, shall be guilty of a crime, a...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/441/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 441 - Issue of receipt containing false statement
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 441 - Issue of receipt containing false statement
A warehouseman, or any officer, agent or servant of a warehouseman, who fraudulently issues or aids in fraudulently issuing a receipt for goods knowing that it contains any false statement, shall be guilty of a crime, and upon conviction shall be punished for each offense by imprisonment not exceeding one (1) year, or ...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/442/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 442 - Issue of duplicate receipts not so marked
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 442 - Issue of duplicate receipts not so marked
A warehouseman, or any officer, agent or servant of a warehouseman, who issues or aids in issuing a duplicate or additional negotiable receipt for goods knowing that a former negotiable receipt for the same goods or any part of them is outstanding and uncanceled, without plainly placing upon the face thereof of word “d...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/443/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 443 - Issue for warehouseman’s goods of receipts which do not state that fact
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 443 - Issue for warehouseman’s goods of receipts which do not state that fact
Where there are deposited with or held by a warehouseman goods of which he is owner, either solely or jointly or in common with others, such warehouseman, or any of his officers, agents, or servants who, knowing this ownership, issues or aids in issuing a negotiable receipt for such goods which does not state such owne...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/444/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 444 - Delivery of goods without obtaining negotiable receipt
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 444 - Delivery of goods without obtaining negotiable receipt
A warehouseman, or any officer, agent, or servant of a warehouseman who delivers goods out of the possession of such warehouseman, knowing that a negotiable receipt the negotiation of which would transfer the right to the possession of such goods is outstanding and uncanceled, without obtaining the possession of such r...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/445/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 445 - Negotiation of receipt for mortgaged goods
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 445 - Negotiation of receipt for mortgaged goods
Any person who deposits goods to which he has not title, or upon which there is a lien or mortgage, and who takes for such goods a negotiable receipt which he afterwards negotiates for value with intent to deceive and without disclosing his want of title or the existence of the lien shall be guilty of a crime, and upon...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/446/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 446 - Cases not provided for in act
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 446 - Cases not provided for in act
In any case not provided for in this chapter, the rules of law and equity, including the law merchant, and in particular the rules relating to the law of principal and agent and to the effect of fraud, misrepresentation, duress or coercion, mistake, bankruptcy, or other invalidating cause, shall govern. History —Feb. 2...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/447/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 447 - Interpretation shall give effect to purpose of uniformity
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 447 - Interpretation shall give effect to purpose of uniformity
This chapter shall be so interpreted and constructed as to effectuate its general purpose to make uniform the law of those states and territories which enact it. History —Feb. 21, 1918, No. 9, p. 22, § 57.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-21/448/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448)›§ 448 - Definitions
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 21 - Uniform Warehouse Receipts Act (§§ 391 — 448) › § 448 - Definitions
(1) In this chapter, unless the context or subject matter requires: Action. — Includes counterclaim, setoff, and suit in equity. Delivery. — Means voluntary transfer of possession from one person to another. Fungible goods. — Means goods of which any unit is, from its nature, or by mercantile custom, treated as the equ...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-24/486/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 24 - Motor Oil Quality, Classification, and Category Notice Act (§§ 486 — 488)›§ 486 - Obligation to notify
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 24 - Motor Oil Quality, Classification, and Category Notice Act (§§ 486 — 488) › § 486 - Obligation to notify
Every business or establishment engaged in the distribution or retail sale of motor oil in Puerto Rico shall place a sign containing a warning notice indicating that before the consumer acquires the product, he/she shall verify the vehicle owner’s manual or consult with the distributor of the same or an employee of the...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-24/487/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 24 - Motor Oil Quality, Classification, and Category Notice Act (§§ 486 — 488)›§ 487 - Approval of regulations
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 24 - Motor Oil Quality, Classification, and Category Notice Act (§§ 486 — 488) › § 487 - Approval of regulations
The Department of Consumer Affairs shall be the agency responsible for overseeing compliance with this chapter. Within one hundred and twenty (120) days following the approval of this act, the Department shall promulgate and approve regulations on the requirements of form, size and other specifications of the sign refe...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-24/488/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 24 - Motor Oil Quality, Classification, and Category Notice Act (§§ 486 — 488)›§ 488 - Noncompliance
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 24 - Motor Oil Quality, Classification, and Category Notice Act (§§ 486 — 488) › § 488 - Noncompliance
Any business or establishment engaged in the distribution or retail sale of motor oil in Puerto Rico that fails to comply with the provisions of this chapter, shall incur an administrative fault and be subject to an administrative fine which shall not exceed five hundred dollars ($500). The Department is hereby authori...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-24a/491/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 24A - Biodiesel (§§ 491 — 497)›§ 491 - Definitions
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 24A - Biodiesel (§§ 491 — 497) › § 491 - Definitions
For purposes of this chapter, the following phrases shall have the meanings stated hereinbelow: (1) Pure biodiesel.— A compound made of mono-alkyl esters of long-chain fatty acids derived from vegetable oils or animal fats, designated as B100, and meeting the requirements of the American Society for Testing and Materia...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-24a/492/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 24A - Biodiesel (§§ 491 — 497)›§ 492 - Sulfur contents
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 24A - Biodiesel (§§ 491 — 497) › § 492 - Sulfur contents
Both pure and blended biodiesel shall not contain sulfur in a proportion that exceeds fifteen (15) parts per million per weight or any other standard adopted on such matter by the corresponding authority. History —July 27, 2011, No. 153, § 3.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-24a/493/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 24A - Biodiesel (§§ 491 — 497)›§ 493 - Authorization
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 24A - Biodiesel (§§ 491 — 497) › § 493 - Authorization
No natural or juridical person shall manufacture, import, distribute, store, sell, or deliver diesel’s alternative fuel, known as biodiesel, or any biodiesel blended with diesel oil in Puerto Rico, unless such person has been previously authorized by the Energy Affairs Administration to carry out such activities. In th...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-24a/494/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 24A - Biodiesel (§§ 491 — 497)›§ 494 - Report
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 24A - Biodiesel (§§ 491 — 497) › § 494 - Report
Any natural or juridical person who elaborates, imports, distributes, stores, sells, or delivers diesel’s alternative fuel, known as biodiesel, in Puerto Rico shall be required to file a written report every six (6) months with the Energy Affairs Administration stating in detail the following: (a) The amount of biodies...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-24a/495/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 24A - Biodiesel (§§ 491 — 497)›§ 495 - Regulations
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 24A - Biodiesel (§§ 491 — 497) › § 495 - Regulations
The Energy Affairs Administration is hereby empowered to adopt the regulations and administrative guidelines necessary to comply with the provisions of this chapter, including regulations about biodiesel storage and the blending thereof with diesel oil and impose penalties for violations as provided under Act No. 128 o...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-24a/496/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 24A - Biodiesel (§§ 491 — 497)›§ 496 - Pre-blended biodiesel acquired by agencies
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 24A - Biodiesel (§§ 491 — 497) › § 496 - Pre-blended biodiesel acquired by agencies
Beginning on Fiscal Year 2011-2012, and as long as the difference between the price of biodiesel B2 and diesel oil does not exceed five percent (5%), all the agencies, instrumentalities, and public corporations of the Government of Puerto Rico shall acquire pre-blended biodiesel B2 in their fuel bids for diesel engines...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-24a/497/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 24A - Biodiesel (§§ 491 — 497)›§ 497 - Volumetic content of biodiesel
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 24A - Biodiesel (§§ 491 — 497) › § 497 - Volumetic content of biodiesel
The Energy Affairs Administration is hereby empowered to provide through regulations for the variation of the required volumetric content of biodiesel in blends of biodiesel with diesel oil and all that pertains thereto. In the exercise of such power, the Energy Affairs Administration may establish more than one volume...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/519/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 519 - License—Obligatory requirement [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 519 - License—Obligatory requirement [Repealed]
History —July 18, 1998, No. 138, § 3, eff. 60 days after July 18, 1998; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/520/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 520 - License—Application [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 520 - License—Application [Repealed]
History —July 18, 1998, No. 138, § 4, eff. 60 days after July 18, 1998; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/521/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 521 - License—Investigation expenses and fee [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 521 - License—Investigation expenses and fee [Repealed]
History —July 18, 1998, No. 138, § 5, eff. 60 days after July 18, 1998; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/522/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 522 - License—Investigation for granting [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 522 - License—Investigation for granting [Repealed]
History —July 18, 1998, No. 138, § 6, eff. 60 days after July 18, 1998; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/523/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 523 - License—Fee [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 523 - License—Fee [Repealed]
History —July 18, 1998, No. 138, § 7; July 8, 2008, No. 121, § 1; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/524/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 524 - License—Contents [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 524 - License—Contents [Repealed]
History —July 18, 1998, No. 138, § 8, eff. 60 days after July 18, 1998; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/525/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 525 - License—Revocation [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 525 - License—Revocation [Repealed]
History —July 18, 1998, No. 138, § 9, eff. 60 days after July 18, 1998; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/526/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 526 - License—Suspension [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 526 - License—Suspension [Repealed]
History —July 18, 1998, No. 138, § 10, eff. 60 days after July 18, 1998; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/527/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 527 - License—Order for revocation [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 527 - License—Order for revocation [Repealed]
History —July 18, 1998, No. 138, § 11, eff. 60 days after July 18, 1998; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/528/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 528 - License—Reconsideration [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 528 - License—Reconsideration [Repealed]
History —July 18, 1998, No. 138, § 12, eff. 60 days after July 18, 1998; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/529/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 529 - License—Waiver [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 529 - License—Waiver [Repealed]
History —July 18, 1998, No. 138, § 13, eff. 60 days after July 18, 1998; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/530/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 530 - Persons doing business on the date of approval of this act [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 530 - Persons doing business on the date of approval of this act [Repealed]
History —July 18, 1998, No. 138, § 14, eff. 60 days after July 18, 1998; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/531/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 531 - Maximum interest rate [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 531 - Maximum interest rate [Repealed]
History —July 18, 1998, No. 138, § 15, eff. 60 days after July 18, 1998; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/532/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 532 - Registries [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 532 - Registries [Repealed]
History —July 18, 1998, No. 138, § 16, eff. 60 days after July 18, 1998; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/533/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 533 - Inspection and examination [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 533 - Inspection and examination [Repealed]
History —July 18, 1998, No. 138, § 17, eff. 60 days after July 18, 1998; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/534/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 534 - Access to the offices of the licensee [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 534 - Access to the offices of the licensee [Repealed]
History —July 18, 1998, No. 138, § 18, eff. 60 days after July 18, 1998; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/535/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 535 - Annual report [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 535 - Annual report [Repealed]
History —July 18, 1998, No. 138, § 19, eff. 60 days after July 18, 1998; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/536/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 536 - Duties of the licensee [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 536 - Duties of the licensee [Repealed]
History —July 18, 1998, No. 138, § 20, eff. 60 days after July 18, 1998; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/537/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 537 - Interest due [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 537 - Interest due [Repealed]
History —July 18, 1998, No. 138, § 21, eff. 60 days after July 18, 1998; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/538/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 538 - Procedure for the sale of unredeemed pledge [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 538 - Procedure for the sale of unredeemed pledge [Repealed]
History —July 18, 1998, No. 138, § 22, eff. 60 days after July 18, 1998; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/539/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 539 - Loss of borrower’s receipt [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 539 - Loss of borrower’s receipt [Repealed]
History —July 18, 1998, No. 138, § 23, eff. 60 days after July 18, 1998; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/540/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 540 - Search warrant [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 540 - Search warrant [Repealed]
History —July 18, 1998, No. 138, § 24; Aug. 13, 2008, No. 273, § 1; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/541/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 541 - Rules and regulations [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 541 - Rules and regulations [Repealed]
History —July 18, 1998, No. 138, § 25; May 31, 2004, No. 126, § 1; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/542/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 542 - Review [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 542 - Review [Repealed]
History —July 18, 1998, No. 138, § 26, eff. 60 days after July 18, 1998; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/543/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 543 - Powers of the Commissioner [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 543 - Powers of the Commissioner [Repealed]
History —July 18, 1998, No. 138, § 27, eff. 60 days after July 18, 1998; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/544/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 544 - Administrative fines [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 544 - Administrative fines [Repealed]
History —July 18, 1998, No. 138, § 28, eff. 60 days after July 18, 1998; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-25a/545/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545)›§ 545 - Penalties [Repealed]
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 25A - Pawnshop Regulatory Act (§§ 518-545 — 545) › § 545 - Penalties [Repealed]
History —July 18, 1998, No. 138, § 29, eff. 60 days after July 18, 1998; Repealed. Act.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-32/634/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654)›§ 634 - Definitions
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654) › § 634 - Definitions
For purposes of this chapter, the following definitions are hereby adopted: (a) Liquid assets.— Assets that can be converted into cash quickly at the least possible cost. These include cash, bank deposits, and securities with a maturity date of less than three (3) months. (b) Law enforcement agency.— For purposes of th...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-32/635/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654)›§ 635 - Applicability
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654) › § 635 - Applicability
This chapter shall apply to any person engaged in the pawnbroking business. Any person who, at the time of approval of this chapter, is operating a pawnbroking business authorized by Act No. 138 of July 18, 1998, as amended, may continue operating the same under the provisions of such act. However, he/she shall file a ...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-32/636/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654)›§ 636 - License—Requirement
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654) › § 636 - License—Requirement
In order to obtain a license to engage in the pawnbroking business under this chapter, petitioners or their partners, directors, and executive officers shall: (a) Have a net worth of at least ten thousand dollars ($10,000) calculated according to generally accepted accounting principles; (b) have liquid assets valued a...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-32/637/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654)›§ 637 - License—Application
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654) › § 637 - License—Application
(a) Any person who wishes to obtain a license to engage in the pawnbroking business shall file an application, under oath, with the OCFI using the form provided by the Commissioner. It shall be necessary to submit a license application for every Office to be established. (b) The application shall contain all the inform...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-32/638/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654)›§ 638 - License—Bond
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654) › § 638 - License—Bond
(a) Every applicant for a license to operate a pawnbroking business shall include with the application, and maintain, a bond to guarantee faithful compliance with the provisions of this chapter and the rules or regulations that may be adopted thereunder. The Commissioner shall prescribe through regulations the terms an...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-32/639/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654)›§ 639 - License—Return of the application
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654) › § 639 - License—Return of the application
(a) Upon receipt of the license application, the Commissioner shall verify the same and may return it to the applicant if any of the following reasons, but not limited thereto, are evident on its face: (1) The application was not filed in its entirety pursuant to the provisions of this chapter or the regulations that m...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-32/640/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654)›§ 640 - License—Denial
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654) › § 640 - License—Denial
(a) After analyzing an application for a license to engage in the pawnbroking business, and after conducting the corresponding investigation, the Commissioner may deny the license for any cause in order to protect the public interest, such as: (1) The applicant has failed to meet any of the requirements established in ...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-32/641/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654)›§ 641 - License—Issuance
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654) › § 641 - License—Issuance
(a) The Commissioner shall issue a license for the applicant to engage in the pawnbroking business, as requested. The license shall contain the name of the licensee, the street address of the location where the business is to be conducted in Puerto Rico, as well as issuance and expiration date. (b) One license shall be...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-32/642/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654)›§ 642 - License—Renewal
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654) › § 642 - License—Renewal
(a) Each license shall be valid until its expiration, which shall be at the end of each calendar year. (b) Every applicant shall file an application to renew the license, as provided by the OCFI, on or before December 1 of every year. Such application shall contain all the information required by the Commissioner by la...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-32/643/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654)›§ 643 - License—Surrender, revocation, cancellation, or suspensio...
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654) › § 643 - License—Surrender, revocation, cancellation, or suspension
(a) Any licensee may surrender his/her license by filing a written notification with the Commissioner. (b) The Commissioner may revoke, cancel, or suspend any license due to any violation of this chapter or the rules and regulations that may be promulgated thereunder, or upon finding that a condition exists that, had i...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-32/644/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654)›§ 644 - Interest rates and service charges
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654) › § 644 - Interest rates and service charges
(a) Interest rates.— In a pawn loan transaction, the interest rate shall not be less than five percent (5%) for a thirty (30)-day period, or more than twenty percent (20%) for a thirty (30)-day period, as agreed by the parties, subject to the provisions herein. The interest rate applicable to pawn loans shall be collec...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-32/645/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654)›§ 645 - Term of the pawn loan
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654) › § 645 - Term of the pawn loan
The maturity date of any pawn loan shall be thirty (30) days; however, such maturity date may be extended by agreement between the pledgor and the licensee. Each extension shall be evidenced in writing, clearly indicating the new maturity date, as well as the interest and service charges due on the extension date. The ...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-32/646/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654)›§ 646 - Redemption and sale of pledged goods
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654) › § 646 - Redemption and sale of pledged goods
(a) The total amount of interest and service charges that a licensee may collect in the case of pledged goods redeemed within thirty (30) days from the date of the pawn loan shall be the amount established in § 644 of this title. The total amount of interest and service charges that a licensee may collect in the case o...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-32/647/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654)›§ 647 - Loss of ticket
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654) › § 647 - Loss of ticket
If the pawn ticket of the pledged good is lost or stolen, the pledgor must immediately notify the pawnbroker and the pledged good may be redeemed by verifying the identifying details that appear on the pawn ticket and the records with the person who claims to be the owner of the pledged good. The identification must be...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-32/648/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654)›§ 648 - Destruction of records or files
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654) › § 648 - Destruction of records or files
Except as otherwise ordered by court or requested by the Commissioner, a licensee may destroy his/her records, files, or documents five (5) years after: the last entry in said records, files or documents; the date on which any obligation ceased to be due; or an audit by the OCFI, whichever is later. All licensees shall...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-32/649/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654)›§ 649 - Duties
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654) › § 649 - Duties
(a) Any person who operates a pawnbroking business shall: (1) Conduct business in a commercial location with a duly approved use permit issued by the corresponding government agency, where he/she can adequately assist customers and be found during business hours. (2) Register the legal or trade name being used for busi...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-32/650/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654)›§ 650 - Prohibited practices
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654) › § 650 - Prohibited practices
(a) A person operating a pawnbroking business, as defined by this chapter, shall not: (1) Operate a pawnbroking business without a license. (2) operate his/her business during business hours other than from 7:00 a.m. to 9:00 p.m., notwithstanding the provisions of §§ 301 et seq. of Title 29; (3) Engage in any transacti...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-32/651/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654)›§ 651 - Powers of the Commissioner
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654) › § 651 - Powers of the Commissioner
(a) The OCFI shall have the responsibility to oversee, supervise, and regulate the operations of persons who engage in the pawnbroking business, as well as those transactions conducted pursuant to §§ 2201 et seq. of this title known as the “Purchase and Sale of Precious Metals and Stones Regulation Act”, and those expr...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-32/652/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654)›§ 652 - Holding of property in possession of a pawnbroking busine...
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654) › § 652 - Holding of property in possession of a pawnbroking business
(a) When a law enforcement officer has reasonable cause to believe that the property in possession of a pawnbroking business is stolen or unlawfully taken, said officer shall notify the pawnbroking business to hold such good. For purposes of this section, reasonable cause shall be based on the filing of a complaint. (b...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-32/653/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654)›§ 653 - Rulemaking authority
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654) › § 653 - Rulemaking authority
The Commissioner of Financial Institutions shall promulgate regulations to implement the provisions of this act within sixty (60) days after approval thereof without being subject to §§ 2101 et seq. of Title 3. History —Feb. 24, 2011, No. 23, § 21, eff. 60 days after Feb. 24, 2011.
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-32/654/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654)›§ 654 - Penalties
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 32 - Pawnbroking Business and Operations Regulatory Act (§§ 634 — 654) › § 654 - Penalties
The Commissioner is hereby authorized to: (a) Impose and collect administrative fines, which shall not be less than one hundred dollars ($100) or more than one thousand dollars ($1,000), for each violation of the provisions of this chapter or the provisions contained in the rules and regulations promulgated thereunder....
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-33/661/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 33 - Investment Companies (§§ 661 — 683)›§ 661 - Definition of general terms
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 33 - Investment Companies (§§ 661 — 683) › § 661 - Definition of general terms
(a) When used in this chapter, unless the context otherwise requires: (1) Affiliated person. — Of another person means: (A) Any person directly or indirectly owning, controlling, or holding with power to vote, 5 per centum or more of the outstanding voting securities of such other person; (B) any person 5 per centum or...
https://law.justia.com/codes/puerto-rico/title-ten/subtitle-1/chapter-33/662/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TEN - Commerce (§§ 1 — 4196)›Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q)›Chapter 33 - Investment Companies (§§ 661 — 683)›§ 662 - Definition of investment companies, types thereof, and security holders thereof
2023 Laws of Puerto Rico › TITLE TEN - Commerce (§§ 1 — 4196) › Subtitle 1 - Regulation of Business Generally (§§ 1 — 998q) › Chapter 33 - Investment Companies (§§ 661 — 683) › § 662 - Definition of investment companies, types thereof, and security holders thereof
(a) When used in this chapter, “investment company” means any issuer which is or holds itself out as being engaged primarily, or proposes to engage primarily, in the business of investing, reinvesting, or trading in securities and owns or proposes to acquire investment securities having a value exceeding 90 per centum ...