P.R. Laws tit. 10, § 981a
To the effects of this chapter, the following terms shall have the meaning hereinbelow expressed:
(a) Person. — Includes individuals, partnerships, associations, trusts, corporations and any other juridic entities.
(b) Collecting agency. — Includes any person engaged in the business of collecting for other persons any account, bill or debt. It includes persons who operate under a name which by simulating to be that of a collecting agency provides its clients with a collecting system and circular letters in which the debtor is urged to make his payments either directly to the creditor or to the fictitious collecting agency.
(c) Secretary. — Means the Secretary of the Treasury of the Commonwealth of Puerto Rico.
(d) Department. — Means the Department of the Treasury of the Commonwealth of Puerto Rico.
(e) License. — Means the authorization by the Secretary to engage in the business of collecting agencies.
(f) Licensee. — Means a person to whom a license has been issued under this chapter.
(g) Client. — Means any person who uses the services of a collecting agency.
History —June 27, 1968, No. 143, p. 409, § 2.