P.R. Laws tit. 7, § 816
2019-02-20 00:00:00+00
The Labor Bank, including its capital, reserves and surpluses, and its loans and income, shall be exempt from all kinds of taxes heretofore or hereafter levied by the Commonwealth of Puerto Rico or any political subdivision thereof, and all stock and capital debentures issued shall be exempt, in their value and in the income deriving therefrom, from all kinds of taxes heretofore or hereafter levied by the Commonwealth of Puerto Rico or any political subdivision thereof.
History —June 14, 1960, No. 86, p. 162, § 16; July 1, 1975, No. 134, Part 1, p. 404, § 7.