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4492 — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Five - Agriculture (§§ 1 — 4706)/
  5. Chapter 102 - General Cooperative Associations Act (2004)sub/
  6. Subchapter IX/
  7. 4492
Puerto Rico Legal Code

4492

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No director or committee member shall be an employee of the cooperative until at least one (1) year has elapsed after ceasing to hold office in the Board, except when the appointment is approved by three-fourths (¾) of the members of the Board of Directors and by the majority of the members of the supervision committee.\nHistory —Sept. 1, 2004, No. 239, § 18.2.