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4504 — 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. 4504
Puerto Rico Legal Code

4504

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Net savings shall be the favorable result of the operations of the cooperative during the fiscal year, after deducting expenses and depreciations. This provision shall not apply to housing cooperatives.\nHistory —Sept. 1, 2004, No. 239, § 19.4.