1160c

The powers of the Puerto Rico Musical Arts and Stagecraft Corporation shall be vested in and exercised by the Board of Directors of the Musical Arts Corporation.The Board shall adopt the standards, rules, regulations and procedures deemed necessary to exercise the powers and comply with the purposes of the Puerto Rico Musical Arts and Stagecraft Corporation.The Corporation shall have a General Manager appointed by the Board of Directors of the Musical Arts Corporation who shall hold office at the latter’s will and until his successor is appointed. The General Manager shall be the Corporation’s chief executive, and shall represent it in all the acts and contracts needed to execute its functions, and shall discharge the duties and have the responsibilities, powers and authority delegated to him by said Board of Directors.The Board of Directors shall determine the salary of the General Manager. History —May 12, 1980, No. 42, p. 104, § 4; July 31, 1985, No. 6, p. 802, § 5.