At the end of the fiscal year, the Corporation shall submit to the Legislature and to the Governor of Puerto Rico, a financial statement which shall include the Corporation’s income and disbursements during the fiscal year thus audited, the Corporation’s general balance sheet at the end of said fiscal year and a complete report on the activities and undertakings conducted during the preceding fiscal year. The Corporation shall also remit a complete report of the status and progress of all its undertakings, programs and activities from the date of the last of these reports, as the case may be.
Regardless of what has been stated above, the Corporation shall submit to the Legislature and to the Governor the official reports of its undertakings and activities as required. It shall also include in said reports an additional item detailing the dealings, agreements and businesses entered into with the Puerto Rico Cooperative Development Commission that foster the development of the cooperative philosophy among the components of the Corporation.
History —Aug. 6, 1991, No. 47, § 25; Sept. 28, 2007, No. 133, § 5; Oct. 7, 2009, No. 118, § 3.