P.R. Laws tit. 21, § 971a
The following terms, wherever they are used in this chapter, shall have the meaning stated below, except when the context clearly indicates otherwise:
(a) Authority.— The Housing Financing Authority.
(b) Bank.— The Government Development Bank for Puerto Rico, created by virtue of §§ 551 et seq. of Title 7.
(c) Special communities.— The special communities as identified under provisions of the Special Communities Act.
(d) Community Reinvestment Act of 1977.— Public Law 95-128, as amended, approved by the Congress of the United States on October 12, 1977.
(e) Executive Director.— The Executive Director of the trust.
(f) Benefited entity.— Natural or juridical person, including the Government, to whom funds are delegated or is contracted for services of any type pursuant to the provisions of this chapter and the regulations adopted thereunder.
(g) Trust.— The Special Communities Perpetual Trust created by this chapter.
(h) Government.— The Commonwealth of Puerto Rico, including all its subdivisions, public corporations and municipalities.
(i) Board or Board of Directors.— The Board of Directors of the trust.
(j) Special Communities Act.— The Act for the Integral Development of the Special Communities of Puerto Rico, §§ 962–967 of this title.
(k) Person.— Any natural or juridical person.
(l) Trust projects.— Those initiatives of the Government or of any other benefited entity which the Board of Director determines that it promotes the economic and social development of the special communities and that qualify under to this chapter.
History —Nov. 21, 2002, No. 271, § 3.