(1) No publication published in Puerto Rico, or radio or television broadcaster, or any other agency, device, or means for the dissemination of information operated or located in Puerto Rico, shall publish, broadcast, or otherwise disseminate within Puerto Rico advertisements for or on behalf of any insurer not then authorized to transact insurance in Puerto Rico.
(2) This section shall not apply as to publications published or advertising or information media prepared or manufactured in Puerto Rico for circulation or use exclusively in other states or countries.
History —Ins. Code § 10.040.