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3639 — 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 36/
  7. 3639
Puerto Rico Legal Code

3639

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Every society organized or licensed under this chapter is hereby declared to be a charitable institution for all tax purposes, and is, therefore, hereby declared exempt from all kinds of taxes.\nHistory —Ins. Code, added as § 36.390 on June 13, 1964, No. 55, p. 122.