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750 — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Ten - Commerce (§§ 1 — 4196)/
  5. Subtitle 1 - Regulation of Business Generally/
  6. Chapter 36 - Retail Installment Sales and Finance Companies Sub/
  7. Subchapter II - Retail Installment Sales of Goods and Services § 741 - Provisions of Retail Installment Contracts/
  8. 750
Puerto Rico Legal Code

750

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No retail installment sale contract or revolving account plan shall include financing charges in excess of those allowed by the regulations approved by the Board pursuant to the provisions of Subchapter V of this chapter. The financing charges shall include all charges incidental to the investigation and execution of a contract and for the granting of credit thereunder or under a revolving account plan. History —June 19, 1964, No. 68, p. 192, § 2010, renumbered as § 210 and amended on May 31, 1972, No. 78, p. 171, § 7; Dec. 23, 1998, No. 310, § 6, eff. 60 days after Dec. 23, 1998.