P.R. Laws tit. 26, § 2129
(1) No provider shall use in his name nor shall identify him/herself using words such as insurance, contingency, guarantee, bond, mutual, or any other words that describe the insurance business, or a name that is deceitfully similar to the name or description of any insurance or warranty insurance corporation, or of any other provider.
(2) No person shall make, or otherwise verbally divulge any announcement, information, matter, statement or anything that will misconstrue or exaggerate the terms of a service contract or a reimbursement policy, or the benefits and advantages thereof, nor shall intentionally omit any material statement that would be considered deceitful when omitted, in connection with the sale, an offer for sale, or advertisement of a service contract.
(3) No person shall bind nor condition the granting of a loan, or the sale of any goods, to the acquisition of a service contract.
History —Ins. Code, added as § 21.290 on Sept. 8, 2000, No. 392, § 3.