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766b — Puerto Rico Law | CourtGPT
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  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 IV - Provisions Applicable to Revolving Account Plans for Credit Card Use § 766 - Granting of Credit Under A Revolving Account Plan for Credit Card Use/
  8. 766b
Puerto Rico Legal Code

766b

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Any person, firm, partnership or corporation, on its own or through its agent, is prohibited from providing, issuing or distributing credit cards to persons who have not applied for them, except in the case of renewal of credit cards that have been accepted previously. History —June 19, 1964, No. 68, p. 192, added as § 403 on Dec. 23, 1998, No. 310, § 32; Aug. 15, 1999, No. 258, § 6, eff. 30 days after Aug. 15, 1999.