P.R. Laws tit. 30, § 1770d
Cooperative associations organized under the laws of Puerto Rico and those foreign associations and corporations operating as cooperative associations, as defined in Section 2 of Act No. 291 of April 9, 1946, as amended, are hereby exempted from the payment of all kinds of fees prescribed for the presentation and recording of documents and other operations in the Property Registry of Puerto Rico. Said cooperative associations are also hereby exempted from the payment of the fees prescribed by §§ 851 to 858 of Title 4, as amended, on any contract in which they dispose of, encumber or alienate their properties, as well as on any contract with their members related with the purposes for which such cooperative associations have been organized.
History —July 12, 1960, No. 114, p. 318, § 1; June 13, 1966, No. 24, p. 145.