(a) The Board may require the Commissioner to conduct studies of every or any activity undertaken under this chapter and of the operations of financing companies, to determine the legitimacy of the financing charges and any other factor which, in the judgment of the Board, merits revision.(b) The Board may fix, regulate, increase, reduce or leave to free enterprise, through regulations and during the time needed, the charges for financing and the interest rates applicable to all activity undertaken under this chapter. History —June 19, 1964, No. 68, p. 192, added as § 501A on Aug. 15, 1999, No. 258, § 9, eff. 30 days after Aug. 15, 1999.
Puerto Rico Legal Code