P.R. Laws tit. 14, § 3595
2019-02-20 00:00:00+00
The directors of a corporation may at any time and from time to time, if all of the shares of capital stock authorized by the certificate of incorporation of such corporation have not been issued, accept subscriptions, issue, or otherwise commit to issue, additional shares of its capital stock, up to the amount authorized in its certificate of incorporation.
History —Dec. 16, 2009, No. 164, § 5.15.