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661 — 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 6b - Investments § 648 - Definitions/
  7. 661
Puerto Rico Legal Code

661

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A life insurer may make loans to policy holders with the collateral of their respective policies in amounts that shall not exceed the redeemable cash value according to the terms of the policy. History —Ins. Code, added as § 6.150 on May 16, 2003, No. 130, § 1.