P.R. Laws tit. 7, § 607i

2019-02-20 00:00:00+00
§ 607i. Penalty

Any person who grants financing payable from the General Fund of the Commonwealth of Puerto Rico without the authorization established herein or who grants financing that is inconsistent with the provisions of § 607g-1 of this title shall be personally liable and shall commit a violation of this subchapter. To such effect, said person shall be guilty of a felony entailing penalties of up to three (3) years of imprisonment.

History —Dec. 17, 2001, No. 164, § 11; renumbered as § 15 by § 7 and amended by § 5 on Feb. 13, 2014, No. 24.