Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
1778 — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Eighteen - Education (§§ 1 — 3510-3520)/
  5. Part IV - Cooperative Schools/
  6. Chapter 103 - Special Act for Youth Cooperatives Sub/
  7. Subchapter VI/
  8. 1778
Puerto Rico Legal Code

1778

Ask AI about this
The service reserve shall receive ten percent (10%) of the cooperative’s net surplus. The service reserve shall be used for the following:\n(1) Education of members and nonmembers.\n(2) Community services.\n(3) The Board shall determine how the reserve shall be used within the provisions of this chapter.\nHistory —Aug. 29, 2002, No. 220, § 12.7.