P.R. Laws tit. 7, § 1365f
(a) General rule. — Members of the Board shall be elected for a term of not more than three (3) years each, and shall hold office until their successors are elected. The members of the Board cannot be elected to fill the same or other elected office for more than three (3) consecutive terms. For the purposes of this provision, an elected term shall be considered as the period for which a person is elected by the general assembly of members, the district assembly, or the general assembly of delegates, as the case may be, regardless of whether it is completed or not due to resignation or any other cause. In the cases in which a member of the Board resigns his/her office before the first or second term of being elected, and is again elected in the assembly subsequent to his/her resignation, said terms shall be deemed as consecutive.
(b) Regarding every cooperative. — The general regulations of every cooperative shall provide for the staggered election of the Board members, so that the term of election of not less than one-third (1 / 3) of the members of said Board does not expire in the same year. The term of incumbency by designation as a member of the Board shall be counted as a term only when the office is held for more than one (1) year. Members of the Board that hold an elected office that expires in their last consecutive term cannot be elected or designated for the same, or any other elected office in the same cooperative until twenty-four (24) months have elapsed from the date they ceased in office.
History —Oct. 28, 2002, No. 255, § 5.07.