P.R. Laws tit. 14, § 3837
2019-02-20 00:00:00+00
(a) The Court of First Instance (Superior Part) may order the dissolution of the corporation if it finds:
(1) That there exists one (1) or more grounds for the judicial dissolution pursuant to § 3713 of this title, or
(2) all of the other remedies ordered by the court pursuant to §§ 3835 and 3836 of this title have failed to resolve the matters in dispute.
(b) In determining whether to dissolve the corporation or not, the court shall take into consideration, among other relevant proof, the financial condition of the corporation, but it may not refuse to order the dissolution of a corporation solely because the corporation has accrued earnings or current operational profits.
History —Dec. 16, 2009, No. 164, § 14.17.