Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
908 — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Fifteen - Sports and Parks (§§ 1 — 2020)/
  5. Subtitle 1 - Generally/
  6. Chapter 42 - Special Permanent Fund for Ex-boxers § 901 - Creation/
  7. 908
Puerto Rico Legal Code

908

Ask AI about this
(a) Should a vacancy arise among the trust members representing the citizens, it shall be filled by designation by the Chair of the Board, according to the recommendation to such effects submitted by the Professional Boxing Commission.(b) The Board of Trustees, with the majority vote of the Board, may remove any trustee from office for just cause. Said removal and the reasons therefor shall be entered into a public record. The following shall be understood as just cause:(1) The violation of the provisions of this chapter or its regulations with respect to the faithful discharge of fiduciary responsibilities.(2) Acts or omissions contrary to the best interests of the Trust, the ex-boxers eligible for the benefits thereof or the financial solvency of the Fund created by this chapter.(3) Gross negligence in the performance of duties. History —Aug. 26, 2005, No. 90, §§ 10, 11.