P.R. Laws tit. 10, § 1547

2019-02-20 00:00:00+00
§ 1547. Loans or sales in installments—Generally

An agent cannot, without authority from the principal, loan or sell on credit or on time, the principal being permitted in such cases to require cash payment of the agent, who shall be entitled to any interest, profit, or advantage which may arise from the transactions.

History —Commerce Code, 1932, § 188.