P.R. Laws tit. 31, § 1293b-1
The Condominium Association shall meet at least once a year to approve budgets and accounts, and on those other occasions in which the President convenes, a majority of the members of the Board of Directors, or one fifth (1 / 5) of the unit owners, or a number of same whose apartments represent at least twenty percent (20%) of the participation percentages in the common elements.
The person or persons that issue the convocation shall indicate the matters to be dealt with, as well as the date, time, and location of the meeting, and shall sign the convocation. The summons shall be issued in writing and delivered to the apartment of every unit owner, or by means of a certified letter remitted to the address supplied for such purposes by the unit owners that do not reside in their unit.
The summons shall be issued ten days in advance of the date of the ordinary annual meeting, which shall be set forth in the Regulations, as well as for the extraordinary meetings, whenever possible, for same to reach all the interested parties.
The Association may meet validly without the issuing of convocation, if all the unit owners concur and so decide.
The holding of a meeting of the Condominium Association for a determined purpose shall not be necessary if all unit owners with the right to vote in such a meeting waive the referenced meeting and issue their consent for the proposed action to be taken in writing.
Regardless of the provisions set forth in subsection (e) of § 1293f of this title, the Condominium Association, by majority vote, may authorize the reimbursement to the unit owner or owners of expenses incurred, including a reasonable amount for legal fees, if any, to achieve the holding of an assembly whose convocation was opposed by the President or the Board of Directors.
History —June 25, 1958, No. 104, p. 243, added as § 38-A on June 4, 1976, No. 157, p. 461, § 8; Aug. 11, 1995, No. 153, § 1; May 21, 1996, No. 43, § 1; Apr. 5, 2003, No. 103, § 26, eff. 90 days after Apr. 5, 2003.