P.R. Laws tit. 13, § 372
2019-02-20 00:00:00+00
The bonds, promissory notes, or other obligations as well as fifty percent (50%) of the interest thereon, issued by natural or juridical persons who construct, modernize, or operate hospital units during the time said persons enjoy the benefits granted by this chapter, shall be exempted from all types of taxes, provided that the funds collected by the issuance of bonds, promissory notes, or other obligations issued are used to pay the expenses of the construction, modernization or extension of the hospital unit.
History —June 30, 1968, No. 168, p. 606, § 2; June 23, 1971, No. 76, p. 227, § 1; Jan. 20, 2006, No. 16, § 2.