P.R. Laws tit. 10, § 691b
No investment company organized or created under the laws of the Commonwealth of Puerto Rico and no promoter or underwriter of such investment company, unless registered in accordance with § 691c of this title or pursuant to the provisions of §§ 661 et seq. of this title, shall directly or indirectly:
(a) Offer for sale, sell, or deliver after sale, in the Commonwealth of Puerto Rico, any security or any interest in a security when there is reason to believe that such security or interest will be offered for sale, sold or delivered in the Commonwealth of Puerto Rico.
(b) Control any investment company which performs any of the acts listed in subsection (a) of this section.
(c) Engage in any business in the Commonwealth of Puerto Rico.
(d) Control any company which is engaged in any business in the in the Commonwealth of Puerto Rico.
History —July 30, 2013, No. 93, § 5, eff. 120 days after July 30, 2013.