For the purposes of this chapter the following terms shall have the meanings hereinbelow set forth:(1) Person. — Shall include individuals, partnerships, associations, trusts, corporations and any other legal entities.(2) Secretary. — Shall mean the Secretary of the Treasury of the Commonwealth of Puerto Rico.(3) Department. — Shall mean the Department of the Treasury of the Commonwealth of Puerto Rico.(4) License. — Shall mean the authorization issued by the Commissioner to engage in the business of leasing personal property in accordance with the provisions of this chapter.(5) Grantee. — Shall mean a person to whom a license has been issued under this chapter.(6) Office of the Commissioner. — Shall mean the Office of the Financial Institutions Commissioner of the Commonwealth of Puerto Rico created by virtue of §§ 2001 et seq. of Title 7.(7) Commissioner. — Shall mean the Financial Institutions Commissioner of the Commonwealth of Puerto Rico. History —May 8, 1973, No. 20, p. 71, § 2; July 2, 1987, No. 91, p. 355, § 1. For the purposes of this chapter the following terms shall have the meanings hereinbelow set forth:(1) Person. — Shall include individuals, partnerships, associations, trusts, corporations and any other legal entities.(2) Secretary. — Shall mean the Secretary of the Treasury of the Commonwealth of Puerto Rico.(3) Department. — Shall mean the Department of the Treasury of the Commonwealth of Puerto Rico.(4) License. — Shall mean the authorization issued by the Commissioner to engage in the business of leasing personal property in accordance with the provisions of this chapter.(5) Grantee. — Shall mean a person to whom a license has been issued under this chapter.(6) Office of the Commissioner. — Shall mean the Office of the Financial Institutions Commissioner of the Commonwealth of Puerto Rico created by virtue of §§ 2001 et seq. of Title 7.(7) Commissioner. — Shall mean the Financial Institutions Commissioner of the Commonwealth of Puerto Rico. History —May 8, 1973, No. 20, p. 71, § 2; July 2, 1987, No. 91, p. 355, § 1.
Puerto Rico Legal Code