Update on Lockdown Executive Orders for Financial Institutions and Clients

Posted by & filed under NPC Legal Blog, Uncategorized.

Covid-19

Puerto Rico Governor Executive Order No. 2020-037 “authorized the operations and personnel strictly necessary to carry out transactions directly related to financial incentives or assistance, through local and federal programs, for non-profit organizations, and small- and medium-sized businesses, as defined by the Small Business Administration (SBA). To carry out the transactions related to the funds approved under the CARES Act,” …