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4522 — Puerto Rico Law | CourtGPT
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  2. Laws/
  3. Puerto Rico/
  4. Title Five - Agriculture (§§ 1 — 4706)/
  5. Chapter 102 - General Cooperative Associations Act (2004)sub/
  6. Subchapter X/
  7. 4522
Puerto Rico Legal Code

4522

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When a cooperative has a capital deficit, or if its financial situation does not allow for it, it may postpone the payment corresponding to the withdrawal of membership in the cooperative for a period not to exceed two (2) years, except for life insurance payments.\nHistory —Sept. 1, 2004, No. 239, § 22.3.