The Secretary of State shall use as a basis the annual reports of the five (5) years preceding the request for issuing certificates of good standing to domestic and foreign corporations, whether or not for profit.\nOnce the certificate of good standing is issued in accordance with the provisions of this section, the Secretary of State shall not impose fines or take any action under this chapter for failure to render reports in years preceding those contemplated under this section.\nHistory —Dec. 16, 2009, No. 164, § 15.06.
Puerto Rico Legal Code