No stock or bonds shall be issued by persons to whom authorizations have been granted, except in exchange for actual cash or property appraised by the Commission. No dividends payable in stock or bonds may be declared without the previous approval of the Commission and it shall be so recited in the authorizations.\nHistory —June 28, 1962, No. 109, p. 288, § 26, eff. 90 days after June 28, 1962.
Puerto Rico Legal Code