P.R. Laws tit. 21, § 4758
Agreements about the matters indicated below shall be reached in general assembly by affirmative majority vote of the association’s members.
(a) Approval of the limitation of a residential improvement zone or commercial improvement district and subsequent amendments.
(b) The monthly or periodic dues to defray the association’s operational costs.
(c) The scheme of works, programs and services needed in the zone or district and follow-ups.
(d) The cost and origin of resources.
(e) Approval of loans to be executed by the association for the construction of projects.
(f) The mechanisms to establish dues or voluntary special contributions to carry out specific works or projects.
(g) Formulas for liquidating unused funds at the completion of the project.
(h) The intention to halt a project before it has been completed.
History —Aug. 30, 1991, No. 81, § 16.009.