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606 — 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. 606
Puerto Rico Legal Code

606

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The good faith and the credit of the People of Puerto Rico is hereby pledged to pay the supplementary subsidy authorized by §§ 601—606 of this title to banks or institutions which make loans to students under Title IV of the 'Federal Education Act of 1965', as amended, and to appropriate to the Government Development Bank the additional funds necessary for such purpose. History —May 30, 1969, No. 19, p. 33, § 6, eff. July 1, 1969.