P.R. Laws tit. 7, § 1369c

2019-02-20 00:00:00+00
§ 1369c. Liability for violations

It shall be understood that any violation of the provisions of this chapter incurred by a cooperative, is also committed by the official or employee who is liable according to his/her obligations, pursuant to the regulations, policies, and procedures of the cooperative. If no such liability has been expressly assigned to any official or employee of a cooperative through regulations, policies and procedures, all the members of the Board of Directors, and of the committees of the cooperative shall be liable, unless said member proves that he/she had no knowledge of it, or that he/she made every reasonable effort, and took measures to prevent that the violation in question would be incurred. Continuing to commit any act or omission that constitutes a violation of the provisions of this chapter shall be deemed to be a new offense for each subsequent week that the commission or omission in question persists.

History —Oct. 28, 2002, No. 255, § 9.04.