P.R. Laws tit. 23, § 595a
In order to comply with the duties and responsibilities defined in this chapter, the executive director shall have the following powers and responsibilities:
(a) To acquire by legal means any personal and real property, tangible and intangible, or any right or interest thereon; to retain, preserve, use or operate the same and to sell, lease or otherwise dispose of said property.
(b) To receive and administer any gift, grant or donation of any real or personal property, or any financial resources exclusively allotted to achieve his or her purposes.
(c) To enter into and execute agreements, lease contracts and any other instruments necessary or pertinent in the exercise of his or her powers and functions.
(d) To acquire any property or interest thereon by any legal means, including but not limited to, the acquisition through purchase, lease, bequest, gift or donation and to own, preserve, use and operate such property or interest thereon.
(e) To maintain business premises or offices in a location to be determined.
(f) To contract and appoint those employees needed for the proper operation of the Corporation.
(g) To take all steps necessary or convenient to exercise the powers conferred by this chapter and any others entrusted by the board of directors.
(h) To be a member of the board of directors of the Corporation with the right to voice but without vote.
(i) To compile a data bank on the existing talent in Puerto Rico with regard to the arts and production of motion pictures, which shall be available to any individual or organization recognized locally and internationally with an interest in developing a motion picture project in Puerto Rico or abroad, using Puerto Rican human resources.
History —Aug. 17, 2001, No. 121, § 4.02.