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4500 — 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 X/
  7. 4500
Puerto Rico Legal Code

4500

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The capital of the cooperatives shall consist of the sum of:\n(a) Member contributions;\n(b) preferred or preference shares;\n(c) net savings accrued and not distributed;\n(d) capital obligations;\n(e) gifts received, and\n(f) permanent reserves and funds.\nHistory —Sept. 1, 2004, No. 239, § 19.0.