P.R. Laws tit. 3, § 9037
2019-02-20 00:00:00+00
The Association may create optional plans through which members may acquire insurance at the lowest possible cost. The conditions for this insurance shall be determined by the Executive Committee, and ratified by the Assembly of Delegates, taking as basis the result of the actuarial survey that shall be conducted to such effect.
The Association may establish Individual Retirement Accounts (IRA) of any type, subject to the requirements and provisions established in §§ 30011 et seq. of Title 13, known as the “Internal Revenue Code for a New Puerto Rico”, and in regulations adopted thereunder.
History —Apr. 25, 2013, No. 9, § 38.