Each exchange company offering an exchange program to owners in Puerto Rico shall file the information specified in § 1258 of this title with the Company by August 1 of each year. However, an exchange company will make its initial filing at least twenty (20) days prior to offering membership in an exchange program to any prospective purchaser, purchaser or owner in Puerto Rico. History —Dec. 26, 1995, No. 252, § 8-102.
Puerto Rico Legal Code