556

The Bank shall make and submit to the Commissioner of Financial Institutions a written report of its conditions as of the last day of each fiscal quarter, in such manner as the Commissioner of Financial Institutions of Puerto Rico may prescribe. Such report shall show the total amount of outstanding loans to directors, officers, agents and employees or to any privately-owned enterprises in which one or more of the directors, officers, agents or employees may own a substantial interest and outstanding loans guaranteed by a director, officer, agent or employee shall be subscribed by an officer of the Bank and verified by his oath stating that to the best of his knowledge and belief the report is true and correct in all respects, and shall be submitted to the Commissioner of Financial Institutions of Puerto Rico within the first thirty (30) days after the end of each fiscal quarter, legal holidays excluded. History —Sept. 23, 1948, No. 17, p. 290, §§ 8, 22; Apr. 26, 1957, No. 3, p. 3, § 3; Aug. 9, 1998, No. 215, § 9.