P.R. Laws tit. 26, § 661

2019-02-20 00:00:00+00
§ 661. Loans on policies

A life insurer may make loans to policy holders with the collateral of their respective policies in amounts that shall not exceed the redeemable cash value according to the terms of the policy.

History —Ins. Code, added as § 6.150 on May 16, 2003, No. 130, § 1.