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4543 — Puerto Rico Law | CourtGPT
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  3. Puerto Rico/
  4. Title Five - Agriculture (§§ 1 — 4706)/
  5. Chapter 102 - General Cooperative Associations Act (2004)sub/
  6. Subchapter XI/
  7. 4543
Puerto Rico Legal Code

4543

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A federation assembly shall be duly constituted with the representation of not less than twenty-five percent (25%) of the affiliated cooperatives or the delegates. If quorum is not obtained in the first assembly, a second assembly shall be called in which the quorum shall be ten percent (10%) of the affiliated cooperatives or of the delegates. If quorum is not obtained in the second assembly called, quorum shall be constituted by the members present at the third assembly called.\nHistory —Sept. 1, 2004, No. 239, § 27.2.