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4324b — 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 43 - International Insurers and Reinsurers § 4324a - Benefits Exempt From Seizure/
  7. 4324b
Puerto Rico Legal Code

4324b

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Ten percent (10%) of the revenues proceeding from the income tax paid by international insurers that hold a decree under this chapter shall be covered into the Special Fund for the Development of Services for Export, as created by the Act to Promote the Export of Services. History —Ins. Code, added as § 61.242 on Jan. 17, 2012, No. 20, § 18.