Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
1365o — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Seven - Banking (§§ 1 — 3116)/
  5. Part III - Other Financial Institutions/
  6. Chapter 86 - Cooperative Savings and Credit Associations Act of 2002 Sub/
  7. Subchapter V - Assemblies, Board of Directors and Committees § 1365a - Notice/
  8. 1365o
Puerto Rico Legal Code

1365o

The Board shall designate an education committee to develop a cooperative education program, according to the standards adopted pursuant to the provisions of this chapter. This committee shall be composed of not less than three (3) members nor more than seven (7) members, at least half of which shall not be members of the Board nor of other committees of the cooperative. The members of the education committee shall hold office for a term of one (1) year and shall perform their duties until their successors are elected, and may be redesignated to their positions by the Board of Directors. Any vacancies that may arise among the members of the education committee shall be filled by the Board for the remainder of the term of the outgoing member. History —Oct. 28, 2002, No. 255, § 5.16.

The Board shall designate an education committee to develop a cooperative education program, according to the standards adopted pursuant to the provisions of this chapter. This committee shall be composed of not less than three (3) members nor more than seven (7) members, at least half of which shall not be members of the Board nor of other committees of the cooperative. The members of the education committee shall hold office for a term of one (1) year and shall perform their duties until their successors are elected, and may be redesignated to their positions by the Board of Directors. Any vacancies that may arise among the members of the education committee shall be filled by the Board for the remainder of the term of the outgoing member. History —Oct. 28, 2002, No. 255, § 5.16.
Ask AI about this