P.R. Laws tit. 26, § 950d
2019-02-20 00:00:00+00
The Commissioner shall issue the licenses applied for to eligible persons under this chapter, providing evidence thereof in the form of a certificate or of an identification card.
Licenses shall be issued for a term of two (2) years and may be renewed for additional periods pursuant to § 953b of this title. However, in the case of a license issued to a new applicant, the Commissioner may issue a license for a term greater than two (2) years, subject to the payment of the corresponding fees, prorated for the term in excess of two (2) years; Provided, That the effective term of a license thus issued shall in no case exceed thirty (30) months.
History —Ins. Code, added as § 9.140 on Jan. 19, 2006, No. 10, § 8; Dec. 28, 2010, No. 220, § 5.