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130 — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Thirteen - Taxation and Finance (§§ 1 — 33423)/
  5. Subtitle 1 - Governmental Finances/
  6. Chapter 9 - Savings Bonds for Public Improvements § 121 - Authorization to Issue and Sell Bonds/
  7. 130
Puerto Rico Legal Code

130

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Employees may authorize their employer or official in writing, to regularly deduct from their salary or wages the amounts they may authorize to be used in the purchase of Savings Bonds of the Commonwealth of Puerto Rico. Said deducted amounts shall be applied by the employers or officials as the Secretary of the Treasury may establish through regulation. History —May 28, 1976, No. 69, p. 190, § 10.