P.R. Laws tit. 31, § 105
2019-02-20 00:00:00+00
If any corporation or association shall cease in its functions by reason of the time for which it was established having legally expired, or the object for which they were constituted having been fulfilled, or it being impossible to continue giving to such object the necessary funds and attention, the property thereof shall be disposed of in accordance with law, with the clauses of incorporation or with the bylaws thereof.
History —Civil Code, 1930, § 31.