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1651 — Puerto Rico Law | CourtGPT
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  2. Laws/
  3. Puerto Rico/
  4. Title Ten - Commerce (§§ 1 — 4196)/
  5. Subtitle 2/
  6. Part II/
  7. Chapter 81/
  8. Subchapter I/
  9. 1651
Puerto Rico Legal Code

1651

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A loan shall be considered commercial when the following conditions are present:\n(1) That one of the contracting parties is a merchant.\n(2) When the articles loaned are destined to commercial transactions.\nHistory —Commerce Code, 1932, § 229.