P.R. Laws tit. 7, § 1335c-1
The Corporation shall render to the Governor and the Legislature, through the committees with jurisdiction over cooperatives issues an annual report stating the social investment of cooperatives in the socio-economic development of Puerto Rico at the end of each fiscal year not later than August 30 of each year. Said report shall be signed by the Executive President and endorsed by the Board of Directors.
Without it being construed as a limitation, the report to be rendered by the Corporation shall include a qualitative and quantitative compilation of the investment and social development elements of cooperatives in areas such as education, culture, sports, community interaction, the elderly, and the youth, among others. The scope, content, and structure of the report shall be established by the Board of Directors of the Corporation and the same shall include the participation, comments, and contributions of the different central bodies, associations, and cooperative entities of second and third degree of the Cooperative Movement.
Copy of the annual report shall be submitted to the consideration of the Cooperative League of Puerto Rico, which shall evaluate the same and shall inform the Corporation, the Governor and the Legislature, through those committees with jurisdiction over cooperatives issues of any deficiencies and recommendations it deems necessary with regard to the social investment of cooperatives in the socio-economic development of the Island.
History —Aug. 17, 2001, No. 114, added as § 32-A on Sept. 20, 2007, No. 123, § 1; June 2, 2008, No. 80, § 1.