P.R. Laws tit. 18, § 1778
2019-02-20 00:00:00+00
The service reserve shall receive ten percent (10%) of the cooperative’s net surplus. The service reserve shall be used for the following:
(1) Education of members and nonmembers.
(2) Community services.
(3) The Board shall determine how the reserve shall be used within the provisions of this chapter.
History —Aug. 29, 2002, No. 220, § 12.7.