P.R. Laws tit. 7, § 1365a
2019-02-20 00:00:00+00
The Board of Directors may convoke special, general or district assemblies, when it is deemed convenient. The cooperative shall be bound to call special assemblies when requested by:
(a) Ten percent (10%) of the total number of members of the cooperative when it is a general assembly of members;
(b) ten percent (10%) of the total number of members of a district when it is a district assembly, or
(c) fifty percent (50%) of the total number of delegates, when it is a general assembly in a cooperative organized by districts.
The request shall specify the matters to be considered in the extraordinary assembly.
History —Oct. 28, 2002, No. 255, § 5.02.