The Company is hereby authorized and empowered to promote and persuade private capital to establish and maintain in operation any project or activity tending to the promotion of the means for providing recreational facilities and spiritual expansion to the people. Whenever it be deemed fitting and proper by the Company, it may participate in any of such activities or projects in cooperation with private or government entities, or through participation in any adequate manner or through the investment of Company funds in enterprises owned by others or the investment of funds belonging to others in enterprises owned by the Company, in whatever manners currently used for the investment of funds in such operations. For these purposes, the Company may provide the facilities, financing and services which in its judgment are justified in each such case. History —June 23, 1961, No. 114, p. 234, § 16, eff. July 1, 1961.
Puerto Rico Legal Code