Any cooperative whose dissolution does not require disbursements by the Corporation under the shares and deposits insurance, may be voluntarily dissolved through the approval of the corresponding general assembly of members or the general assembly of delegates, following the procedure established by to such effects by the Corporation. When the dissolution requires disbursements by the Corporation, the procedure that is established § 1368j shall be observed. History —Oct. 28, 2002, No. 255, § 7.03. Any cooperative whose dissolution does not require disbursements by the Corporation under the shares and deposits insurance, may be voluntarily dissolved through the approval of the corresponding general assembly of members or the general assembly of delegates, following the procedure established by to such effects by the Corporation. When the dissolution requires disbursements by the Corporation, the procedure that is established § 1368j shall be observed. History —Oct. 28, 2002, No. 255, § 7.03.
Puerto Rico Legal Code