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634 — Puerto Rico Law | CourtGPT
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  3. Puerto Rico/
  4. Title Twenty-three - Public Planning and Development (§§ 1 — 11273)/
  5. Part II - Economic Development/
  6. Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act § 625 - Public Policy/
  7. 634
Puerto Rico Legal Code

634

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The moneys collected on account of administrative fines imposed by virtue of this chapter or the regulations thereunder, as well as any surplus from the Commission, including appropriated budget items unused by the Commission, shall be covered into a Special Fund under the responsibility of such entity, not subject to the public policy contained in §§ 283—283p of Title 3, known as the 'Puerto Rico Government Accounting Act'. The moneys thus covered into the Fund may be used in the formation, organization, and incorporation of youth cooperatives in schools and communities throughout the Island, in addition to the yearly budget appropriations that the Commission may receive for such purposes. This Fund may also receive voluntary contributions from first-, second-, and third-degree cooperative associations, as well as from attached entities. History —Aug. 10, 2008, No. 247, § 10A, eff. Feb. 1, 2009.