P.R. Laws tit. 23, § 272

2019-02-20 00:00:00+00
§ 272. Definitions

The following terms, whenever used or referred to in §§ 271—291a of this title, shall have the following meanings, except where the context clearly indicates otherwise:

(a) Company.— Shall mean the Puerto Rico Industrial Development Company created by §§ 271—291a of this title.

(b) Bonds.— Means bonds, notes or other evidences of indebtedness or obligations.

(c) Department.— Shall mean the Department of Economic Development and Commerce created by virtue of Reorganization Plan No. 4 of June 22, 1994, App. X of Title 3.

(d) Secretary of the Department.— Shall mean the Secretary of Economic Development and Commerce.

(e) Words used in the singular number include the plural number and vice versa, and words referring to persons include firms, partnerships of all kinds and corporations.

History —May 11, 1942, No. 188, p. 934, § 2; Apr. 5, 1946, No. 285, p. 658, § 3; May 14, 1952, No. 456, p. 950, § 1; June 18, 1958, No. 47, p. 82, § 1; Dec. 29, 1997, No. 203, § 1, eff. Jan. 1, 1998.