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4654 — 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 XVI - Office of the Inspector of Cooperatives § 4647a - Annual Examination of the Operations of Youth Cooperatives/
  7. 4654
Puerto Rico Legal Code

4654

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The Inspector or the officer designated by him/her may impose administrative [fines] on any natural or juridical person up to a maximum of two thousand dollars ($2,000) for any violation of this chapter, or of the regulations approved by the Office of the Inspector. Should a cooperative fail to submit a report required by the Inspector on time, he/she may impose a fine of ten dollars ($10) for every day of delinquency.\nHistory —Sept. 1, 2004, No. 239, § 36.9.