P.R. Laws tit. 7, § 304
The name of every trust company formed under §§ 301—503 of this title shall contain the word “trust”, in either Spanish or English, but shall not be that of any other existing corporation of Puerto Rico without the specific consent of such existing corporation; Provided, however, That if such trust company shall be incorporated for the purpose of succeeding any other trust company of Puerto Rico, such new trust company may assume the name of the trust company which it is intended to succeed; and Provided, further, That hereafter no corporation shall be organized for the purpose of carrying on a trust-company business in Puerto Rico except under §§ 301—503 of this title, and no company hereafter organized under any other act shall use the word “trust” as a part of its name.
History —Apr. 23, 1928, No. 40, p. 234, § 4, eff. 90 days after Apr. 23, 1928.