P.R. Laws tit. 7, § 3040
2019-02-20 00:00:00+00
(a) Administration of more than one (1) fund. — The Administrators of a fund may administer more than one (1) fund simultaneously.
(b) Notification. — The Administrator of a fund shall notify the Secretary and the Bank, in writing, of the authorization and issuance of private proprietary interests. The Administrator of the fund shall likewise notify the Secretary of the profits generated by a fund that are attributable to the investment of unrestricted use capital during a specific calendar year. Said notice shall be made thirty (30) days after the corresponding reporting period has ended.
History —Jan. 28, 2000, No. 46, § 21.