P.R. Laws tit. 23, § 682

2019-02-20 00:00:00+00
§ 682. Exemption from legal interest provisions

Special agreements, contracts or obligations which prescribe a rate of interest exceeding that provided in said section, when the amount of the loan is invested in financing an apartment or room in a “condohotel” building, as hereinafter defined, are hereby exempt from the provisions of § 4591 of Title 31.

History —June 8, 1972, No. 6, p. 350, § 2.