P.R. Laws tit. 26, § 662
(1) An insurer may acquire investments of any type that are not expressly prohibited by § 651 of this title without considering the categories, conditions, requirements or other limitations established by §§ 653–659 of this title, including exceeding the quantitative limits established in §§ 648–662 of this title, if as a result of, and after effecting the transaction, the total sum of the investments acquired under this section does not exceed whichever is less of the following:
(a) 5% of its allowed assets, or
(b) 25% of its capital and surplus.
(2) An insurer may not acquire an investment or engage in an investment practice under this section if, as a result of and after effecting the transaction, the total of all the investments in only one person or business entity held by the insurer under this section would exceed three percent (3%) of its allowed assets.
History —Ins. Code, added as § 6.160 on May 16, 2003, No. 130, § 1.