P.R. Laws tit. 23, § 287
2019-02-20 00:00:00+00
In order to facilitate the procurement of funds by the Company to enable it to carry out its corporate purposes, the bonds issued by the Company and the income therefrom shall be and remain at all times exempt from taxation.
History —May 11, 1942, No. 188, p. 934, § 18, renumbered as § 17 on May 14, 1952, No. 456, p. 950, § 15; renumbered as § 16 on Dec. 29, 1997, No. 203, § 12, eff. Jan. 1, 1998.