P.R. Laws tit. 7, § 204b
Any bank organized under the provisions of §§ 1 et seq. of this title and any foreign bank doing business in Puerto Rico under the provisions of §§ 1 et seq. of this title, before or after it has become effective, shall be governed by its provisions. Sections 1 et seq. of this title shall not impair, restrict or affect the rights, privileges and immunities conferred or acquired under to any law prior to the approval of this act. Sections 1 et seq. of this title shall neither impair, restrict or affect any pending lawsuits or causes of action that have arisen; nor the duties, restrictions, obligations and penalties imposed or required by prior laws or pursuant thereto.
History —May 12, 1933, No. 55, p. 322, added as § 42 on Aug. 28, 1997, No. 108, § 50.