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4575 — 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 Xiii/
  7. 4575
Puerto Rico Legal Code

4575

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Worker-members as a group shall own not less than fifty-five percent (55%) of the corporate capital of the cooperative. No members may individually own more than forty-five percent (45%) of the corporate capital.\nHistory —Sept. 1, 2004, No. 239, § 34.5.