P.R. Laws tit. 5, § 4569

2019-02-20 00:00:00+00
§ 4569. Cancellation of the certificate of registration

The final report of the board of receivers, duly signed and sworn to by all its members shall be approved by the Inspector of Cooperatives. Once the report has been approved, the Inspector shall notify the Secretary of State of the Commonwealth of Puerto Rico, who shall proceed to register it and issue the certificate of dissolution of the cooperative. A copy of the final report and of said certificate shall be kept by the Inspector of Cooperatives, who shall remit a copy to the receiver or the board of receivers. In case the cooperative has no assets and the receivers do not comply with the submission of said final report, the Inspector, through a sworn statement, may request of the Secretary of State, the cancellation of the registration of the cooperative undergoing dissolution.

History —Sept. 1, 2004, No. 239, § 32.7.