P.R. Laws tit. 10, § 691t
2019-02-20 00:00:00+00
No investment company classified as a mutual fund may issue securities for services, or property other than stocks or securities (including securities issued by such registered company), except as a dividend, distribution to its security holders, or in connection with a reorganization.
History —July 30, 2013, No. 93, § 23, eff. 120 days after July 30, 2013.