The application for a license to engage in the financial intermediation business shall be made under oath and shall be filed in the Office of the Commissioner. The same shall indicate the name and address where the main office of the business shall be established in Puerto Rico, and shall also contain any information required by the Commissioner, including the identification of each of the applicants, to provide grounds for the investigations provided in § 1075 of this title. Upon submitting the application, the petitioner shall pay $500 for investigation fees and $1,000 for annual license fees by a certified check issued to the order of the Secretary of the Treasury; if the license is issued after June 30 of any year, the annual license fee shall be $500 for that year.\nHistory —Oct. 14, 1995, No. 214, § 5, eff. 30 days after Oct 14, 1995.
Puerto Rico Legal Code