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4566 — 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 Xii/
  7. 4566
Puerto Rico Legal Code

4566

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The board of receivers, the Inspector of Cooperatives, any affected member and any creditor of the cooperative may resort to the competent Court of First Instance to request it to issue orders and resolutions regarding the following cases:\n(a) The sale and disposal of any remaining property of the cooperative or division or distribution in favor of the members or other persons entitled to it.\n(b) The payment, whole or in part, of the claims and suits against the cooperative and the withholding of funds for that purpose.\n(c) The existence of any trust constituted by or for the cooperative, if it concerns the disposal of any property of the cooperative.\n(d) Any other matters requiring court action.\nHistory —Sept. 1, 2004, No. 239, § 32.4.