P.R. Laws tit. 26, § 3420

2019-02-20 00:00:00+00
§ 3420. Persons related with other insurers

No agent, solicitor, broker, adjuster, consultant or insurer related to insurers not organized under the provisions of this chapter may belong as a member, nor acquire fund contribution certificates, nor organize an insurance cooperative as it is defined in this chapter.

History —Ins. Code, added as § 34.200 on June 26, 1959, No. 84, p. 220, § 1; Dec. 13, 1990, No. 36, p. 1545, § 5; Jan. 19, 2006, No. 10, § 9; Nov. 12, 2007, No. 174, § 24, eff. 30 days after Nov. 12, 2007.