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3420 — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Twenty-six - Insurance (§§ 101 — 10377)/
  5. Subtitle 1 - Insurance Generally/
  6. Chapter 34 - Insurance Cooperatives § 3401a - General Definitions/
  7. 3420
Puerto Rico Legal Code

3420

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No agent, solicitor, broker, adjuster, consultant or insurer related to insurers not organized under the provisions of this chapter may belong as a member, nor acquire fund contribution certificates, nor organize an insurance cooperative as it is defined in this chapter.\nHistory —Ins. Code, added as § 34.200 on June 26, 1959, No. 84, p. 220, § 1; Dec. 13, 1990, No. 36, p. 1545, § 5; Jan. 19, 2006, No. 10, § 9; Nov. 12, 2007, No. 174, § 24, eff. 30 days after Nov. 12, 2007.