P.R. Laws tit. 10, § 750

2019-02-20 00:00:00+00
§ 750. Financing charge limitations

No retail installment sale contract or revolving account plan shall include financing charges in excess of those allowed by the regulations approved by the Board pursuant to the provisions of Subchapter V of this chapter. The financing charges shall include all charges incidental to the investigation and execution of a contract and for the granting of credit thereunder or under a revolving account plan.

History —June 19, 1964, No. 68, p. 192, § 2010, renumbered as § 210 and amended on May 31, 1972, No. 78, p. 171, § 7; Dec. 23, 1998, No. 310, § 6, eff. 60 days after Dec. 23, 1998.