P.R. Laws tit. 10, § 1462
2019-02-20 00:00:00+00
Under the penalty of removal, the liquidators shall:
(1) Draw up and communicate to the members, within the period of twenty days, an inventory of the common property, with a balance of the association in liquidation, according to its books.
(2) Communicate in the same manner to the members every month the condition of the liquidation.
History —Commerce Code, 1932, § 149.