P.R. Laws tit. 23, § 263e
2019-02-20 00:00:00+00
(a) The Fund may secure up to eighty percent (80%) of the principal and interest on loans granted by financial institutions to eligible businesses, for the acquisition of personal and/or real property, and/or working capital needed for its operations. The purposes and limits of securities shall be established by regulations to such effect which shall have to be unanimously approved by the members of the Securities Committee.
History —July 9, 1985, No. 97, p. 313, § 6.