551

To aid the Commonwealth Government in the performance of its fiscal duties and more effectively to carry out its governmental responsibility to develop the economy of Puerto Rico, particularly with respect to its industrialization, there is hereby created a corporation as a governmental instrumentality of the Commonwealth Government to act by its authority under the title of 'Government Development Bank for Puerto Rico' (hereinafter referred to as 'the Bank'). History —Sept. 23, 1948, No. 17, p. 209, §§ 1, 22; Apr. 2, 1957, No. 3, p. 3, § 3.