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601 — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Seven - Banking (§§ 1 — 3116)/
  5. Part III - Other Financial Institutions/
  6. Chapter 61 - Government Development Bank for Puerto Rico Sub/
  7. Subchapter III - Incentive Program for Loans Under/
  8. 601
Puerto Rico Legal Code

601

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The Government Development Bank for Puerto Rico is hereby authorized to establish a program for the payment of a subsidy which shall serve as an incentive so that the banks and institutions that grant loans to students of post-secondary level under Title IV of the 'Federal Education Act of 1965', as amended, may increase the granting of said loans. History —May 30, 1969, No. 19, p. 33, § 1, eff. July 1, 1969.