P.R. Laws tit. 7, § 275
2019-02-20 00:00:00+00
All loan, banking and credit institutions, as well as all commercial entities that sell merchandise on the installment plan and charge interest therefor, and whose gross volume of sales exceeds one hundred thousand dollars ($100,000), shall send each client a statement of the amount of interest he has paid during the previous calendar year, to his last known address, on or before February 28 of each year.
History —July 13, 1978, No. 39, p. 501, § 1.