P.R. Laws tit. 7, § 630w
Any contract clause regarding the waiver of liability concerning the provisions in this chapter granted by a consumer to a credit repair agency for the purpose of exempting the latter from compliance with this chapter shall be in contravention to the public policy and therefore null and void. Likewise, any contract that does not comply with the provisions herein set forth shall have no effect.
Any attempt to obtain a waiver of liability for the purpose of failing to comply with the provisions herein set forth is an infringement of the same and may entail the revocation of the license to operate the business granted by the Office of the Commissioner of Financial Institutions.
History —Aug. 31, 2004, No. 236, § 27, eff. 60 days after Aug. 31, 2004.