Every holder of a license issued pursuant to this chapter shall identify him/herself exclusively according to the license he/she has been issued. Thus, when publishing any notice or printed material, or when advertising through any means of communication, he/she shall do so under the name which appears on the license. Provided, That no holder of an individual license may identify him/herself under a trade name. Only those juridical persons that after organizing themselves as such pursuant to the laws of Puerto Rico have complied with the provisions of § 950g of this title and hold a valid license issued by the Commissioner to engage in the insurance business in such a capacity may be able to identify themselves as a corporation or partnership.
History —Ins. Code, added as § 9.351 on Jan. 19, 2006, No. 10, § 8, eff. 120 days after Jan. 19, 2006.