The Secretary of the Treasury shall promulgate the rules and regulations needed for the compliance with §§ 301—503 of this title and to insure the proper functioning of the trust companies in Puerto Rico, as well as for the protection of the public in general.
History —Apr. 23, 1928, No. 40, p. 234, added as § 47 on June 26, 1980, No. 14, p. 900, § 8.