3853

Every foreign corporation, whether or not for profit, authorized to do business in Puerto Rico shall annually file with the offices of the Department of State, or over the Internet when the service becomes available, not later than the fifteenth (15th) day of April, a certified report, under penalty of perjury, pursuant to § 3503(b) of this title.\nThe report shall include:\n(a) A financial statement prepared in conformity with generally accepted accounting principles, showing the financial condition of the corporation at the close of its operations, duly audited by a certified public accountant licensed by the Commonwealth of Puerto Rico, who is neither a stockholder nor an employee of the corporation, together with the corresponding opinion of such certified public accountant.\nNonprofit and noncapital stock foreign corporations and foreign for-profit corporations whose volume of business in Puerto Rico does not exceed three million dollars ($3,000,000) shall be required to render a financial statement prepared by a person with general accounting knowledge in accordance with generally accepted accounting principles.\n(b) a list of the names and mailing addresses of two (2)

der a financial statement prepared by a person with general accounting knowledge in accordance with generally accepted accounting principles.\n(b) a list of the names and mailing addresses of two (2) officers of the corporation holding office on the date of the filing of the report and the expiration dates of their respective offices, and\n(c) such other information which the Secretary of State may require.\nThis report shall be accompanied by an internal revenue voucher for the filing fee as provided in § 3901 of this title. Failure to pay such fee shall result in the revocation of the authorization granted to the corporation to do business in Puerto Rico.\nHistory —Dec. 16, 2009, No. 164, § 15.03; June 12, 2010, No. 60, § 2.