P.R. Laws tit. 23, § 275
The Company is authorized and empowered to promote, persuade and induce private capital to initiate and maintain in operation, and otherwise promote the establishment and functioning of, all kinds of commercial, cooperative or mining operations, and industrial operations related with the utilization, processing and manufacture, through the use, among others, of the following materials: silica sands, clays, fibers of all kinds; agricultural, animal, forestry, mining, fisheries and chemistry products, and any by-product, derivative and wastes thereof, and finished and semi-finished products.
Whenever it may be deemed convenient by the Company, and subject to the applicable provisions of § 276 of this title, it may initiate one or more of such operations on its own initiative or associated with other private or government entities, or through participation in any adequate manner, or through the investment of Company funds in enterprises owned by others, or the investment of funds belonging to others in enterprises owned by the Company in whatever manners currently used or which may hereafter be used for the investment of funds in such operations. For these purposes, the Company may provide the facilities, financing and service which in its judgment are justified in each of such cases.
History —May 11, 1942, No. 188, p. 934, § 8; Apr. 5, 1946, No. 285, p. 658, § 5; renumbered as § 5 and amended May 14, 1952, No. 456, p. 950, §§ 6, 15; Feb. 23, 1954, No. 1, p. 104, § 1.