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3787 — Puerto Rico Law | CourtGPT
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  4. Title Fourteen - Private Corporations (§§ 1 — 4084)/
  5. Subtitle 5 - General Corporations Act (2009)/
  6. Chapter 232/
  7. 3787
Puerto Rico Legal Code

3787

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The liability of a corporation organized under the laws of the Commonwealth, or the stockholders, directors or officers thereof, or the rights or remedies of the creditors thereof, or of persons doing or transacting business with the corporation, shall not in any way be lessened or impaired by the sale of its assets, or by the increase or decrease in the capital stock of the corporation, or by the merger or consolidation of two (2) or more corporations or by any change or amendment in its certificate of incorporation.\nHistory —Dec. 16, 2009, No. 164, § 12.07.