1364

In addition to the incorporators, every person, other than a profitable juristic person, that meets the requirements established in the incorporation clauses and the general regulations of the cooperative, may be a member of a cooperative. Minors may be members of a cooperative, subject to the limitations established in the laws of Puerto Rico and the general regulations of the cooperative. Periodic contributions to the capital account, as provided in the general regulations of the cooperative, shall be an essential condition for membership.\nThe admission of a person as a member of a cooperative shall not be refused or barred, due to race, sex, religion or political beliefs, or social or economic condition, and the eligibility of members may be defined by like groups in the exercise of the constitutional right to free association. The Board may refuse the admission of a person as a member of the cooperative when there are grounds to believe that said person can injure or obstruct the attainment of the goals and purposes of the cooperative, or has been expelled as a member, or has been removed from any office on the board of directors of any other cooperative entity.\nHistory

the attainment of the goals and purposes of the cooperative, or has been expelled as a member, or has been removed from any office on the board of directors of any other cooperative entity.\nHistory —Oct. 28, 2002, No. 255, § 4.01.