P.R. Laws tit. 5, § 4433
2019-02-20 00:00:00+00
Should the Board of Directors reject an application for admission and the applicant deems that the decision is contrary to the law and the articles of incorporation of the cooperative, he/she may request a reconsideration of the decision before the supervision committee. The supervision committee shall prepare and submit a report with its recommendations to the Board of Directors for the same to make the decision, which shall be final and binding.
History —Sept. 1, 2004, No. 239, § 7.3.