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https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-35/606/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620)›§ 606 - Powers
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620) › § 606 - Powers
The purposes of the Authority shall be to develop and improve, own, operate and manage any and all types of overland passenger transportation facilities and services in and through the territory comprising the Capital of Puerto Rico and the Metropolitan Area, as defined by the Puerto Rico Planning Board, including the ...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-35/607/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620)›§ 607 - Officers and employees
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620) › § 607 - Officers and employees
(a) Appointments, removals, promotions, transfers, discontinuances, reinstatements, suspensions, leaves of absence and changes in grade, compensation or title of the officers and employees of the Authority shall be made as provided in rules and regulations to be approved by the Board of Directors, in consultation with ...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-35/608/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620)›§ 608 - Moneys and accounts
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620) › § 608 - Moneys and accounts
(a) All moneys of the Authority shall be deposited in qualified depositories for funds of the Government of Puerto Rico; but they shall be kept in a separate account or accounts in the name of the Authority. Its funds shall be disbursed pursuant to such regulations and budgets as the Board of Directors may approve. The...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-35/609/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620)›§ 609 - Bylaws
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620) › § 609 - Bylaws
The regulations of the Authority shall govern the internal operation thereof and shall determine the conduct of the users, in addition to the attributions, duties and responsibilities of its officials or functionaries, as well as the procedures that shall govern the acquisitions and contracts for supplies, services and...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-35/610/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620)›§ 610 - Acquisition of property by the Commonwealth of Puerto Ric...
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620) › § 610 - Acquisition of property by the Commonwealth of Puerto Rico for the Authority
Upon request of the Authority, the Governor of Puerto Rico may, by the exercise of the right of eminent domain, acquire in the name and in behalf of the Commonwealth of Puerto Rico, title to any property or interest therein which the Board of Directors deems necessary or convenient for the purposes of the Authority. Th...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-35/611/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620)›§ 611 - Grant of property by municipalities and political subdivi...
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620) › § 611 - Grant of property by municipalities and political subdivisions to the Authority
Subject to the provisions of § 606 of this title, any other provision of law to the contrary notwithstanding, all municipalities and political subdivisions of Puerto Rico concerned are authorized to grant and convey to the Authority, at its request and upon reasonable terms and conditions, there being no need for a pub...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-35/612/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620)›§ 612 - Bonds
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620) › § 612 - Bonds
(a) By authority of the Commonwealth, hereby granted, the Authority is authorized to issue and sell its own bonds from time to time for its corporate purposes. (b) The Board of Directors of the Authority is hereby authorized to direct the issue of bonds of the Authority, all at one time, or from time to time, in order ...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-35/613/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620)›§ 613 - Right to receivership upon default
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620) › § 613 - Right to receivership upon default
(a) In the event that the Authority shall default in the payment of the principal of, or interest on, any of its bonds after the same shall become due, whether it be a default in the payment of principal and interest or in the payment of interest only at maturity or upon call for redemption, and such default shall cont...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-35/614/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620)›§ 614 - Agreement of the Commonwealth Government
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620) › § 614 - Agreement of the Commonwealth Government
The Government of the Commonwealth of Puerto Rico does pledge to, and agree with, any person, firm or corporation, or any federal or state agency, or any agency of the Commonwealth, subscribing to or acquiring bonds or other securities of the Authority, that it will not pignorate, limit or restrict the bonds, revenues,...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-35/615/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620)›§ 615 - Remedies of bondholders
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620) › § 615 - Remedies of bondholders
(a) Any holder of bonds of the Authority or trustee therefor shall have the power and the right to equal benefit and protection as enjoyed by all bondholders under equal circumstances, but subject to any contractual limitations applicable to the holders of bonds of any issue, or trustee therefor, including, but without...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-35/616/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620)›§ 616 - Commonwealth not liable on bonds
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620) › § 616 - Commonwealth not liable on bonds
The bonds issued by the Authority shall not be a debt of the Commonwealth of Puerto Rico or any of its municipalities or political subdivisions, and neither the Commonwealth of Puerto Rico nor any such municipalities or political subdivisions shall be liable thereon, nor shall such bonds be payable out of any funds oth...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-35/617/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620)›§ 617 - Bonds as legal investments
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620) › § 617 - Bonds as legal investments
The bonds of the Authority shall be legal investments, and may be accepted as security, for all trust funds, special or public, the investment or deposit of which shall be under the authority or control of the Government of Puerto Rico or any officer or officers thereof. History —May 11, 1959, No. 5, p. 17, § 17.
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-35/618/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620)›§ 618 - Declaration of public utility
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620) › § 618 - Declaration of public utility
For the purposes of §§ 606(h) and 610 of this title, all works, projects, and property and their accessories, which the Authority may deem necessary and convenient to use in carrying out the purposes expressed in this chapter, are hereby declared of public utility. History —May 11, 1959, No. 5, p. 17, § 18.
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-35/619/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620)›§ 619 - Tax exemption
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620) › § 619 - Tax exemption
(a) It is hereby found and declared that the purposes for which the Authority is created and shall exercise its powers are the promotion of the general welfare and the promotion of commerce and prosperity, all of them being public purposes for the welfare of the people of Puerto Rico in general, and that therefore the ...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-35/620/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620)›§ 620 - Reports
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 35 - Metropolitan Bus Authority (§§ 601 — 620) › § 620 - Reports
The Authority shall submit to the Legislature and to the Governor of Puerto Rico, as soon as practicable after the close of each fiscal year of the Commonwealth Government, but prior to the end of the calendar year: (1) A financial statement and complete report of the business of the Authority for the preceding fiscal ...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-36/625/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644)›§ 625 - Public policy
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644) › § 625 - Public policy
The Government of Puerto Rico reiterates its recognition of the cooperative model as essential in the business setting for the attainment of a sustainable and well-balanced social and economic development centered in human beings and their communities. In order to empower such recognition, it is the public policy, the ...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-36/626/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644)›§ 626 - Definitions
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644) › § 626 - Definitions
For purposes of this chapter, the following terms shall have the meanings stated below: (a) Cooperative Development Administration. — Means the government agency created by virtue of Act No. 89 of June 21, 1966, as amended. (b) Cooperative. — Means any cooperative entity duly constituted and authorized to operate as su...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-36/627/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644)›§ 627 - Creation and purposes
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644) › § 627 - Creation and purposes
The Puerto Rico Cooperative Development Commission, hereinafter the “Commission”, is hereby created as a juridical person of the Executive Branch that is independent and separate from any other public agency or entity, not to be subject to any other department, agency, dependency or instrumentality of the Government of...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-36/628/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644)›§ 628 - Governing Board—Compositi...
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644) › § 628 - Governing Board—Composition
The Commission shall be governed by a Governing Board composed of ten (10) standing members and two (2) adjoined members. Adjoined members shall have an advisory function within the Governing Board and shall have voice participation in meetings but no vote. The Governing Board shall be constituted as follows: (a) Stand...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-36/629/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644)›§ 629 - Governing Board—Meetings ...
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644) › § 629 - Governing Board—Meetings and quorum
The Governing Board shall meet in regular session at least once (1) a month, but may hold special meetings as necessary to handle business as it may deem pertinent. The quorum required for meetings of the Governing Board shall be six (6) standing members. The decisions of the Governing Board shall require vote by the a...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-36/630/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644)›§ 630 - Governing Board—Reimburse...
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644) › § 630 - Governing Board—Reimbursement of expenses and per diems
Private sector members of the Governing Board shall be entitled to receive a per diem equal to the minimum per diem established for the members of the Legislature of Puerto Rico for each meeting they attend or for each day in which they are fulfilling tasks relative to the function entrusted to them by virtue of this c...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-36/631/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644)›§ 631 - Governing Board—Responsib...
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644) › § 631 - Governing Board—Responsibility of its members
Governing Board members who are not public officials shall be eligible for coverage under the provisions of §§ 3077 et seq. of Title 32, known as the “Claims and Lawsuits against the Commonwealth Act”, as amended by Act No. 9 of November 26, 1975, as amended. Governing Board members shall be subject to the provisions o...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-36/632/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644)›§ 632 - Governing Board—Powers, d...
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644) › § 632 - Governing Board—Powers, duties, and functions
The Governing Board of the Commission shall be responsible for outlining, promoting, coordinating, and overseeing the execution and implementation of the public policy on the development and advancement of the Cooperative Movement in Puerto Rico. As such, the Board shall be the government body in charge of planning, in...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-36/633/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644)›§ 633 - [Biennial] conference
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644) › § 633 - [Biennial] conference
The Commission, together with the Cooperative League and the Cooperative Movement Institute of the University of Puerto Rico, shall hold every two (2) years a [biennial] conference on the Cooperative Movement and Social Economics, wherein the situation, needs, problems, and opportunities of the Cooperative Movement and...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-36/634/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644)›§ 634 - Special Fund for the Form...
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644) › § 634 - Special Fund for the Formation, Organization, and Incorporation of Youth ...
The moneys collected on account of administrative fines imposed by virtue of this chapter or the regulations thereunder, as well as any surplus from the Commission, including appropriated budget items unused by the Commission, shall be covered into a Special Fund under the responsibility of such entity, not subject to ...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-36/635/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644)›§ 635 - Governing Board—Election ...
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644) › § 635 - Governing Board—Election of cooperative movement representatives
The respective Governing Board members that represent cooperative savings and credit unions and diverse cooperatives shall be exclusively selected by the respective cooperatives of each kind from among persons holding office as Executive President of such cooperatives or as members of their boards of directors. The dir...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-36/636/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644)›§ 636 - Designation, powers, duti...
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644) › § 636 - Designation, powers, duties, and functions of the Commissioner
The Puerto Rico Cooperative Development Commission shall be directed by a Commissioner, who shall be appointed by the Governor with the advice and consent of the Senate of Puerto Rico, and shall have standing as a Secretary of the Executive Cabinet of the Governor. The compensation for the office of Commissioner, who s...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-36/637/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644)›§ 637 - Attachment of entities
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644) › § 637 - Attachment of entities
(a) The Public Corporation for the Supervision and Insurance of Cooperatives and the Investment and Cooperative Development Fund are hereby attached to the Commission as its operating components; Provided, That any determinations by such entities which involve public policymaking must be consistent with the public poli...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-36/638/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644)›§ 638 - Transfer of functions, re...
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644) › § 638 - Transfer of functions, resources, and personnel from the Cooperative Deve...
Except for the provisions set forth in the third paragraph of this section, all the functions, powers, and career personnel of the Cooperative Development Administration are hereby transferred to the Cooperative Development Commission. The Cooperative Development Administration, created by virtue of Act No. 89 of June ...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-36/639/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644)›§ 639 - Transfer of functions, re...
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644) › § 639 - Transfer of functions, resources, and personnel from the Office of the In...
All the functions, powers, and career personnel of the Office of the Inspector of Cooperatives are hereby transferred to the Public Corporation for the Supervision and Insurance of Cooperatives. The Office of the Inspector of Cooperatives, created by virtue of the now repealed Section 6 of Act No. 89 of June 21, 1966, ...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-36/640/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644)›§ 640 - Public Corporation for th...
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644) › § 640 - Public Corporation for the Supervision and Insurance of Cooperatives—Atta...
The Public Cooperative Savings and Credit Oversight and Insurance Corporation is hereby attached to the Cooperative Development Commission. The Corporation shall operate under the provisions of §§ 1334 et seq. of Title 7; Provided, That all functions and authorities of the Corporation, including those described in subs...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-36/641/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644)›§ 641 - Investment and Cooperativ...
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644) › § 641 - Investment and Cooperative Development Fund—Attachment and delegation of ...
The Investment and Cooperative Development Fund, incorporated in compliance with the mandate delivered under §§ 481 et seq. of this title, known as the “Investment and Cooperative Development Fund Enabling Act”, is hereby attached to the Cooperative Development Commission. The FIDECOOP shall operate under the terms and...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-36/642/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644)›§ 642 - Educational partnerships
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644) › § 642 - Educational partnerships
In order to advance the fulfillment of the Fifth Principle of the Cooperative Movement (Education, Training, and Information), it is hereby required that the Cooperative Development Commission make active efforts conducive to the establishment of partnerships with the University of Puerto Rico, especially with the Coop...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-36/643/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644)›§ 643 - Continuity clauses
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644) › § 643 - Continuity clauses
(a) As a transitional measure, the Cooperative Development Administrator to be appointed by the Governor of Puerto Rico shall hold office, as of January 2, 2009, as Cooperative Development Commissioner. It is hereby expressly provided, that the Commissioner shall prepare any administrative reorganization plans as neces...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-36/644/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644)›§ 644 - General provisions
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 36 - Puerto Rico Cooperative Development Commission Organic Act (§§ 625 — 644) › § 644 - General provisions
(a) In cases in which the provisions of this chapter are in conflict with the provisions of any other law, the provisions of this chapter shall prevail. (b) By virtue of the autonomy proper to the Cooperative Movement Institute, the designation of its director shall remain unaltered under this chapter. (c) None of the ...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-37/651/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 37 - Isolated Communities (§§ 651 — 660)›§ 651 - Commission; membership; appointment
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 37 - Isolated Communities (§§ 651 — 660) › § 651 - Commission; membership; appointment
There is hereby created a Commission composed of seven (7) members who shall be appointed by the Governor of Puerto Rico with the advice and consent of the Senate of Puerto Rico. History —July 19, 1960, No. 139, p. 402, § 1, retroactive to July 1, 1960.
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-37/652/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 37 - Isolated Communities (§§ 651 — 660)›§ 652 - Duties of Commission
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 37 - Isolated Communities (§§ 651 — 660) › § 652 - Duties of Commission
This Commission shall be responsible for the planning, organization, direction and supervision of those activities or programs it may be necessary to carry out to improve the living conditions of those isolated communities of Puerto Rico which have not shared adequately in the economic progress of Puerto Rico. History ...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-37/653/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 37 - Isolated Communities (§§ 651 — 660)›§ 653 - Chairman
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 37 - Isolated Communities (§§ 651 — 660) › § 653 - Chairman
The Governor of Puerto Rico shall designate one of the members of the Commission as chairman. The chairman shall organize the works of the Commission with the advice of the other members. History —July 19, 1960, No. 139, p. 402, § 3, retroactive to July 1, 1960.
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-37/654/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 37 - Isolated Communities (§§ 651 — 660)›§ 654 - Substitute for chairman
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 37 - Isolated Communities (§§ 651 — 660) › § 654 - Substitute for chairman
At the first meeting of the Commission there shall be designated the person to substitute for the chairman in case of absence from Puerto Rico or temporary disability of the latter. History —July 19, 1960, No. 139, p. 402, § 4, retroactive to July 1, 1960.
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-37/655/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 37 - Isolated Communities (§§ 651 — 660)›§ 655 - Personnel; compensation; exempt service
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 37 - Isolated Communities (§§ 651 — 660) › § 655 - Personnel; compensation; exempt service
The Commission shall select the necessary personnel to carry out its responsibilities and shall, in common agreement with the Bureau of the Budget, fix their compensation. The personnel so designated shall be included in the exempt service of the Personnel Act. History —July 19, 1960, No. 139, p. 402, § 5, retroactive ...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-37/656/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 37 - Isolated Communities (§§ 651 — 660)›§ 656 - Compensation of members; expenses
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 37 - Isolated Communities (§§ 651 — 660) › § 656 - Compensation of members; expenses
The members of the Commission shall not receive compensation or salary for their services as such. They shall, however, be reimbursed for such expenses as they may actually incur in the discharge of the duties imposed upon them by §§ 651—659 of this title. This reimbursement shall be made upon presentation of vouchers ...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-37/657/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 37 - Isolated Communities (§§ 651 — 660)›§ 657 - Rules and regulations
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 37 - Isolated Communities (§§ 651 — 660) › § 657 - Rules and regulations
The Commission shall adopt the necessary rules and regulations for its organization and internal operation in accordance with the purposes of §§ 651—659 of this title. History —July 19, 1960, No. 139, p. 402, § 7, retroactive to July 1, 1960.
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-37/658/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 37 - Isolated Communities (§§ 651 — 660)›§ 658 - Appropriations
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 37 - Isolated Communities (§§ 651 — 660) › § 658 - Appropriations
The sum of three hundred thousand dollars ($300,000) is hereby appropriated from unencumbered funds in the Commonwealth Treasury to the Department of Transportation and Public Works to carry out the purposes of §§ 651—659 of this title. The Department of Transportation and Public Works shall, with the approval of the G...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-37/659/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 37 - Isolated Communities (§§ 651 — 660)›§ 659 - Transfer of funds
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 37 - Isolated Communities (§§ 651 — 660) › § 659 - Transfer of funds
The Governor of Puerto Rico or the official to whom he may delegate may, at the request of the Commission hereby created, direct the transfer of funds provided by §§ 651—659 of this title to other public agencies or instrumentalities of the Government of Puerto Rico when it may be necessary for the carrying out of the ...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-37/660/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 37 - Isolated Communities (§§ 651 — 660)›§ 660 - Contracts for services of teachers
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 37 - Isolated Communities (§§ 651 — 660) › § 660 - Contracts for services of teachers
The Isolated Communities Improvement Commission is hereby authorized to contract for the services of teachers of the Commonwealth of Puerto Rico and to pay them the proper extra compensation for such additional services as they may render as teachers or in any other capacity under the programs which the Isolated Commun...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39/671/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39 - Tourism Company (§§ 671 — 672d)›§ 671 - Short title
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39 - Tourism Company (§§ 671 — 672d) › § 671 - Short title
Puerto Rico Tourism Company Act. History —June 18, 1970, No. 10, p. 413, § 1; June 3, 1976, No. 141, p. 416, § 1.
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39/671a/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39 - Tourism Company (§§ 671 — 672d)›§ 671a - Creation
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39 - Tourism Company (§§ 671 — 672d) › § 671a - Creation
A public corporation and instrumentality of the Government of the Commonwealth of Puerto Rico is hereby created under the name of “Puerto Rico Tourism Company” which shall be hereafter called the “Company”. It shall have legal existence and personality independent of the Commonwealth Government or any dependency thereo...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39/671b/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39 - Tourism Company (§§ 671 — 672d)›§ 671b - Board; powers; composition; term; per diems
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39 - Tourism Company (§§ 671 — 672d) › § 671b - Board; powers; composition; term; per diems
The board shall be composed of the following seven (7) members: the Secretary of Economic Development and Commerce, or his/her designated representative, who shall have the capability, knowledge and decision-making authority to effectively represent the executive official being represented; and six (6) regular citizens...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39/671c/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39 - Tourism Company (§§ 671 — 672d)›§ 671c - Executive Director
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39 - Tourism Company (§§ 671 — 672d) › § 671c - Executive Director
The Executive Director of the Company shall be appointed by the Board and shall exercise the office at the will of the Board. He shall be selected exclusively on the basis of his merits, which shall be determined taking into consideration the technical preparation, skill, experience, and other aptitudes which qualify h...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39/671d/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39 - Tourism Company (§§ 671 — 672d)›§ 671d - Rights, duties, and powers
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39 - Tourism Company (§§ 671 — 672d) › § 671d - Rights, duties, and powers
The company shall have and may exercise the rights, duties, and powers that are necessary or convenient to promote, develop, and improve the tourist industry, including, but not limited to, the following: (a) To have perpetual succession. (b) To adopt, alter, and use a corporate seal of which judicial notice shall be t...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39/671e/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39 - Tourism Company (§§ 671 — 672d)›§ 671e - Responsibilities
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39 - Tourism Company (§§ 671 — 672d) › § 671e - Responsibilities
The Company shall be responsible for: (1) Adopting, participating, organizing, and encouraging promotional programs and tourist attraction programs, such as the preparation and publication of books, magazines, pamphlets, maps and printed matter of all kinds and films, which may be distributed, circulated, and exhibited...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39/671f/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39 - Tourism Company (§§ 671 — 672d)›§ 671f - Personnel
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39 - Tourism Company (§§ 671 — 672d) › § 671f - Personnel
(a) The appointments, removals, promotions, transfers, layoffs, reinstatements, suspensions, leaves of absence and changes of category, remuneration or title of the officers and employees of the Company shall be made and permitted as provided by the rules and regulations of the Company. (b) The officers and employees o...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39/671g/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39 - Tourism Company (§§ 671 — 672d)›§ 671g - Public Hearings
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39 - Tourism Company (§§ 671 — 672d) › § 671g - Public Hearings
Pursuant to § 5 of this act, the bylaws which the Board may deem necessary and convenient to adopt for the efficient exercise of the powers and duties imposed on the company under this act, and which by their nature affect third parties, shall be subject to the procedures established in §§ 2101 et seq. of Title 3, know...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39/671h/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39 - Tourism Company (§§ 671 — 672d)›§ 671h - Recommendations
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39 - Tourism Company (§§ 671 — 672d) › § 671h - Recommendations
The Company shall recommend the granting of loans, by any government or private entity, authorized to grant them to any natural or artificial person engaged in tourist activities in Puerto Rico, for the purchase, establishment, maintenance, reconstruction, and improvement of facilities and equipment. History —June 18, ...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39/671i/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39 - Tourism Company (§§ 671 — 672d)›§ 671i - Funds; accounting; examination of accounts
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39 - Tourism Company (§§ 671 — 672d) › § 671i - Funds; accounting; examination of accounts
All the money of the Company shall be entrusted to recognized depositaries of the funds of the Government of the Commonwealth of Puerto Rico, but they shall be kept in a separate account or accounts and be registered in the name of the Company. The disbursements shall be made by the latter in accordance with the regula...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39/671j/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39 - Tourism Company (§§ 671 — 672d)›§ 671j - Reports
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39 - Tourism Company (§§ 671 — 672d) › § 671j - Reports
The Company shall submit to the Governor and to the Legislature, during the beginning of each legislative session, the following reports: (a) Financial condition. (b) Businesses carried out during the preceding year. (c) State and progress of all its enterprises and activities since the creation of the Company or from ...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39/671k/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39 - Tourism Company (§§ 671 — 672d)›§ 671k - Responsibility for debts
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39 - Tourism Company (§§ 671 — 672d) › § 671k - Responsibility for debts
The debts and other obligations of the Company shall not constitute debts or obligations of the Commonwealth, nor of any of its municipalities or other political subdivisions, and the latter shall not be liable with respect to them, it being understood that said debts and obligations shall not be payable from funds oth...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39/671l/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39 - Tourism Company (§§ 671 — 672d)›§ 671l - Acquisition of property
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39 - Tourism Company (§§ 671 — 672d) › § 671l - Acquisition of property
Every work, project, personal or real, corporeal or incorporeal property with its corresponding accessories, which the Company may deem necessary to acquire, use or administer, shall be declared of public utility by this chapter and they may be condemned by the Company or by the Commonwealth, at its request, without th...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39/671m/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39 - Tourism Company (§§ 671 — 672d)›§ 671m - Transfer of public property
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39 - Tourism Company (§§ 671 — 672d) › § 671m - Transfer of public property
The Commonwealth of Puerto Rico, its agencies and political subdivisions, are hereby authorized to assign and convey to the Company, at the request of the latter, and under reasonable terms and conditions, with the approval of the Governor without need of a public auction, any property or interests thereon, including p...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39/671n/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39 - Tourism Company (§§ 671 — 672d)›§ 671n - Liens on properties
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39 - Tourism Company (§§ 671 — 672d) › § 671n - Liens on properties
The Company shall be subject to all the obligations and liens of the properties transferred to it and shall not take any action to impair the obligations and contractual duties imposed or assumed by the Commonwealth. History —June 18, 1970, No. 10, p. 413, § 15.
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39/671o/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39 - Tourism Company (§§ 671 — 672d)›§ 671o - Exemption from payment of taxes
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39 - Tourism Company (§§ 671 — 672d) › § 671o - Exemption from payment of taxes
It is hereby resolved and declared that the purposes for which the company and the activities developed by the company and its subsidiaries, are for public purposes and activities in benefit of the Commonwealth of Puerto Rico in general. Therefore, the properties and activities of the company and any subsidiary organiz...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39/671p/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39 - Tourism Company (§§ 671 — 672d)›§ 671p - Transfer of personnel and property from Tourism Department
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39 - Tourism Company (§§ 671 — 672d) › § 671p - Transfer of personnel and property from Tourism Department
All the personnel, equipment, material, files, functions, property, obligations, and budgetary funds of the Tourism Department of the Economic Development Administration are hereby transferred to the Company. Likewise, the powers and duties which are at present exercised by the Economic Development Administration under...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39/671q/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39 - Tourism Company (§§ 671 — 672d)›§ 671q - Rights of transferred personnel
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39 - Tourism Company (§§ 671 — 672d) › § 671q - Rights of transferred personnel
The officers and employees of the Tourism Department of the Economic Development Administration who are transferred to the Company by virtue of this chapter shall receive at least the same compensation that they received at the time of the effectiveness of their transfer and shall continue enjoying any benefit in any r...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39/671r/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39 - Tourism Company (§§ 671 — 672d)›§ 671r - Prohibition of injunction
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39 - Tourism Company (§§ 671 — 672d) › § 671r - Prohibition of injunction
No injunction shall be issued to enjoin the application of this chapter or any part thereof. History —June 18, 1970, No. 10, p. 413, § 19.
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39/671s/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39 - Tourism Company (§§ 671 — 672d)›§ 671s - Penalties
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39 - Tourism Company (§§ 671 — 672d) › § 671s - Penalties
Any person violating any of the provisions of this chapter, as well as of its regulations, shall be guilty of a misdemeanor and if convicted, shall be punished with a fine of not less than one thousand dollars ($1000), nor greater than three thousand dollars ($3000), or jail for a period of not less than one (1) month ...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39/672/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39 - Tourism Company (§§ 671 — 672d)›§ 672 - Paradores Program—Definitions
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39 - Tourism Company (§§ 671 — 672d) › § 672 - Paradores Program—Definitions
For the purposes of §§ 672—672d of this title the following terms shall have the meanings given below: (a) Company. — Puerto Rico Tourism Company. (b) Paradores Program. — Puerto Rican Paradores Program of the Tourism Company. (c) Director. — Executive Director of the Tourism Company. (d) Distinctive features. — All ex...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39/672a/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39 - Tourism Company (§§ 671 — 672d)›§ 672a - Paradores Program—Exclusive use
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39 - Tourism Company (§§ 671 — 672d) › § 672a - Paradores Program—Exclusive use
It is hereby stated that the word parador, and any distinctive device pertaining to the Puerto Rican Paradores Program shall be used exclusively by the Company, which shall be the sole entity with the legal right and capacity to authorize the use of the word and the distinctive devices of the Program. Provided, as an e...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39/672b/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39 - Tourism Company (§§ 671 — 672d)›§ 672b - Paradores Program—Violations; civil actions
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39 - Tourism Company (§§ 671 — 672d) › § 672b - Paradores Program—Violations; civil actions
Any person using the different means of commercial advertising to promote any lodging service by using the word “ parador ” or the distinctive devices of the Paradores Program for said purpose without the pertinent authorization of the company, shall be subject to a prohibitory judicial action and a claim for damages f...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39/672c/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39 - Tourism Company (§§ 671 — 672d)›§ 672c - Paradores Program—Establishments using the name “parador”
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39 - Tourism Company (§§ 671 — 672d) › § 672c - Paradores Program—Establishments using the name “parador”
Every establishment or hostelry that on the effective date of this act is using the name “ parador ” without the authorization of the company, shall discontinue the use of that name, on or before one hundred and twenty (120) days from the approval of this act, and until it meets the provisions of the regulations establ...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39/672d/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39 - Tourism Company (§§ 671 — 672d)›§ 672d - Paradores Program—Penalties
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39 - Tourism Company (§§ 671 — 672d) › § 672d - Paradores Program—Penalties
Any person who violates any of the provisions of §§ 672—672d of this title shall incur a misdemeanor. Each violation of the provisions of said sections shall constitute an independent and separate violation. History —Dec. 20, 1991, No. 117, § 6.
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39a/673/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39A - Early Retirement Program for the Puerto Rico Tourism Company (§§ 673 — 673l)›§ 673 - Implementation
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39A - Early Retirement Program for the Puerto Rico Tourism Company (§§ 673 — 673l) › § 673 - Implementation
The Puerto Rico Tourism Company, as a public corporation, shall implement a Voluntary Early Retirement Program that shall include all of the employees holding positions in said Company who by September 30, 2006, meet the minimum of twenty (20) years of service accredited as participants of the Employees Retirement Syst...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39a/673a/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39A - Early Retirement Program for the Puerto Rico Tourism Company (§§ 673 — 673l)›§ 673a - Benefits
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39A - Early Retirement Program for the Puerto Rico Tourism Company (§§ 673 — 673l) › § 673a - Benefits
All employees who comply with the provisions set forth in § 673 of this title and who have completed twenty (20) years or more of accredited service, regardless of their age, shall be entitled to receive a pension of sixty percent (60%) of their average compensation. All employees who comply with the provisions set for...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39a/673b/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39A - Early Retirement Program for the Puerto Rico Tourism Company (§§ 673 — 673l)›§ 673b - Pending claims
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39A - Early Retirement Program for the Puerto Rico Tourism Company (§§ 673 — 673l) › § 673b - Pending claims
It is hereby set forth that the Puerto Rico Tourism Company shall not impose conditions on the opportunity of the eligible employees to avail themselves of the Voluntary Early Retirement Program to waive legal or administrative claims against the Puerto Rico Tourism Company pending of [sic] adjudication. Due process of...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39a/673c/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39A - Early Retirement Program for the Puerto Rico Tourism Company (§§ 673 — 673l)›§ 673c - Special incentives
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39A - Early Retirement Program for the Puerto Rico Tourism Company (§§ 673 — 673l) › § 673c - Special incentives
The Puerto Rico Tourism Company shall grant to employees who meet the parameters the special incentives set forth in §§ 673 and 673a of this title, to wit: (a) Total liquidation of sick leave and annual vacation leave accrued, in the case of employees with twenty (20) years or more. (b) One (1)-year health plan as of t...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39a/673d/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39A - Early Retirement Program for the Puerto Rico Tourism Company (§§ 673 — 673l)›§ 673d - Election period
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39A - Early Retirement Program for the Puerto Rico Tourism Company (§§ 673 — 673l) › § 673d - Election period
Employees who meet the requirements of the Program pursuant to §§ 673 and 673a of this title shall decide whether or not to avail themselves of the Voluntary Early Retirement Program on or before January 31, 2007. In the cases in which training of the new personnel by employees that have availed themselves of the Early...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39a/673e/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39A - Early Retirement Program for the Puerto Rico Tourism Company (§§ 673 — 673l)›§ 673e - Nonaccredited servic...
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39A - Early Retirement Program for the Puerto Rico Tourism Company (§§ 673 — 673l) › § 673e - Nonaccredited services
In cases in which the employee, in order to complete twenty (20) years, needs to accredit services that have not been accredited in the Employees Retirement System Administration of the Government of Puerto Rico, he/she shall present his/her request to the Retirement Affairs Coordinator of the Puerto Rico Tourism Compa...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39a/673f/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39A - Early Retirement Program for the Puerto Rico Tourism Company (§§ 673 — 673l)›§ 673f - Actuarial cost
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39A - Early Retirement Program for the Puerto Rico Tourism Company (§§ 673 — 673l) › § 673f - Actuarial cost
The actuarial cost of the pensions provided in this chapter determined by the Administrator of the Retirement System Administration of the Government of Puerto Rico shall be totally paid by the Puerto Rico Tourism Company to the Retirement System Administration prior to the implementation of the Voluntary Early Retirem...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39a/673g/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39A - Early Retirement Program for the Puerto Rico Tourism Company (§§ 673 — 673l)›§ 673g - Actuarial cost—Exces...
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39A - Early Retirement Program for the Puerto Rico Tourism Company (§§ 673 — 673l) › § 673g - Actuarial cost—Excess of amount paid
If the payment made by the Puerto Rico Tourism Company, in accordance with § 673f of this title, is greater than the actuarial cost, the Retirement System Administration shall reimburse the excess of the amount paid to the Puerto Rico Tourism Company within a period of not more than thirty (30) days as of the date of e...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39a/673h/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39A - Early Retirement Program for the Puerto Rico Tourism Company (§§ 673 — 673l)›§ 673h - Applicability of §§ ...
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39A - Early Retirement Program for the Puerto Rico Tourism Company (§§ 673 — 673l) › § 673h - Applicability of §§ 761 et seq. of Title 3
All of the provisions of §§ 761 et seq. of Title 3, not in conflict with this chapter shall apply to the Voluntary Early Retirement Program authorized herein. History —Dec. 21, 2006, No. 273, § 9, eff. Jan. 31, 2007.
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39a/673i/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39A - Early Retirement Program for the Puerto Rico Tourism Company (§§ 673 — 673l)›§ 673i - New benefits
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39A - Early Retirement Program for the Puerto Rico Tourism Company (§§ 673 — 673l) › § 673i - New benefits
The Puerto Rico Tourism Company shall be responsible for the payment of any new benefit granted by law to the pensioners who have avail[ed] themselves of this Early Retirement Plan. History —Dec. 21, 2006, No. 273, § 10, eff. Jan. 31, 2007.
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39a/673j/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39A - Early Retirement Program for the Puerto Rico Tourism Company (§§ 673 — 673l)›§ 673j - Applicability
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39A - Early Retirement Program for the Puerto Rico Tourism Company (§§ 673 — 673l) › § 673j - Applicability
The provisions of this act shall also be [extended] to those employees who, at the date of effectiveness of the same, have availed themselves of any type of leave, pursuant to the regulations of the Puerto Rico Tourism Company, collective bargaining agreements, or statutes that may apply. History —Dec. 21, 2006, No. 27...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39a/673k/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39A - Early Retirement Program for the Puerto Rico Tourism Company (§§ 673 — 673l)›§ 673k - Orientation
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39A - Early Retirement Program for the Puerto Rico Tourism Company (§§ 673 — 673l) › § 673k - Orientation
The Puerto Rico Tourism Company, in coordination with the Retirement System Administration, shall provide to all its employees who qualify for the Voluntary Early Retirement Program an orientation about the benefits and criteria thereof. History —Dec. 21, 2006, No. 273, § 12, eff. Jan. 31, 2007.
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-39a/673l/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 39A - Early Retirement Program for the Puerto Rico Tourism Company (§§ 673 — 673l)›§ 673l - Transactions conduct...
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 39A - Early Retirement Program for the Puerto Rico Tourism Company (§§ 673 — 673l) › § 673l - Transactions conducted
At the end of this process, the Puerto Rico Tourism Company shall send to the Legislature a copy of the transactions conducted by it pursuant to this chapter or of the administrative activities of the Corporation. History —Dec. 21, 2006, No. 273, § 13, eff. Jan. 31, 2007.
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-40/681/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 40 - Condohotels (§§ 681 — 685)›§ 681 - Exemption from usury provisions
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 40 - Condohotels (§§ 681 — 685) › § 681 - Exemption from usury provisions
Any natural or artificial person who as a moneylender demands or receives in or for any contract, agreement or obligation, either directly or indirectly, money at a rate of interest exceeding that prescribed in this chapter, when the object of said contract, agreement or obligation and the money so obtained as a loan i...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-40/682/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 40 - Condohotels (§§ 681 — 685)›§ 682 - Exemption from legal interest provisions
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 40 - Condohotels (§§ 681 — 685) › § 682 - Exemption from legal interest provisions
Special agreements, contracts or obligations which prescribe a rate of interest exceeding that provided in said section, when the amount of the loan is invested in financing an apartment or room in a “condohotel” building, as hereinafter defined, are hereby exempt from the provisions of § 4591 of Title 31. History —Jun...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-40/683/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 40 - Condohotels (§§ 681 — 685)›§ 683 - Definition of condohotel
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 40 - Condohotels (§§ 681 — 685) › § 683 - Definition of condohotel
“Condohotel” shall be understood as a building or group of buildings constructed expressly to be administered or which shall be converted into a horizontal property regime pursuant to the provisions of §§ 1291—1293k of Title 31, which complies with the requirements of a tourist or commercial hotel, consisting of apartm...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-40/684/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 40 - Condohotels (§§ 681 — 685)›§ 684 - Conversion of buildings already constructed to condohotels
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 40 - Condohotels (§§ 681 — 685) › § 684 - Conversion of buildings already constructed to condohotels
Any building already constructed and which is administered in accordance with the Horizontal Property Act, §§ 1291—1294d of Title 31, and initially devoted as a dwelling, must have the unanimous consent of all the co-owners who use their apartment as a home, in order to be converted into a condohotel. History —June 8, ...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-40/685/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 40 - Condohotels (§§ 681 — 685)›§ 685 - Regulations
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 40 - Condohotels (§§ 681 — 685) › § 685 - Regulations
The Tourism Company, in accordance with §§ 671—671s of this title, is hereby authorized to prescribe rules and regulations consistent with this chapter, establishing such standards as it may deem advisable so that condohotels may comply with their function as a special hotel facility which may tend to promote tourism. ...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-42/692m/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 42 - Punta Borinquen Administration and Development Authority (§§ 692-692l — 692t)›§ 692m - Transfer of function...
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 42 - Punta Borinquen Administration and Development Authority (§§ 692-692l — 692t) › § 692m - Transfer of functions
All the functions, powers, duties, obligations and faculties, as well as all personnel, chattels and real property, records, unspent sums from appropriations, items or other Commonwealth, federal or any other kind of funds under the tenure and custody of the Punta Borinquen Administration and Development Authority, her...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-42/692n/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 42 - Punta Borinquen Administration and Development Authority (§§ 692-692l — 692t)›§ 692n - Guaranties of employ...
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 42 - Punta Borinquen Administration and Development Authority (§§ 692-692l — 692t) › § 692n - Guaranties of employees
All employees affected by the transfer provided by §§ 692m—692t of this title shall be guaranteed their vested rights under applicable personnel laws and regulations as well as the rights, obligations and conditions with respect to any retirement, pension, savings and loan fund or systems to which the employees may be ...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-42/692o/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 42 - Punta Borinquen Administration and Development Authority (§§ 692-692l — 692t)›§ 692o - Provisions
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 42 - Punta Borinquen Administration and Development Authority (§§ 692-692l — 692t) › § 692o - Provisions
None of the provisions of §§ 692m—692t of this title shall be understood to modify, alter or invalidate any agreement, covenant, claim or contract as of the date of approval of this act and during the transfer period. Once the transfer is complete, the mayor may renegotiate, terminate or modify the same. History —Jan. ...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-42/692p/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 42 - Punta Borinquen Administration and Development Authority (§§ 692-692l — 692t)›§ 692p - Applicable laws, rul...
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 42 - Punta Borinquen Administration and Development Authority (§§ 692-692l — 692t) › § 692p - Applicable laws, rules regulations and orders
All those laws, rules, regulations and orders that apply to the authority which are in conflict with the laws, rules, regulations and orders applicable to the municipality of Aguadilla shall continue in effect until the same are amended, repealed or substituted. History —Jan. 10, 1998, No. 24, § 4, eff. 60 days after J...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-42/692q/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 42 - Punta Borinquen Administration and Development Authority (§§ 692-692l — 692t)›§ 692q - Mayor of Aguadilla
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 42 - Punta Borinquen Administration and Development Authority (§§ 692-692l — 692t) › § 692q - Mayor of Aguadilla
The mayor of the municipality of Aguadilla is hereby authorized to adopt such transitory measures and make the decisions that may be necessary, in order to carry out the transfer established by this §§ 692m—692t of this title, without interrupting the administrative processes and the operation of the Authority hereby t...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-42/692r/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 42 - Punta Borinquen Administration and Development Authority (§§ 692-692l — 692t)›§ 692r - Administrative struc...
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 42 - Punta Borinquen Administration and Development Authority (§§ 692-692l — 692t) › § 692r - Administrative structure
Once the services, property, obligations and responsibilities of the Authority are transferred to his jurisdiction, the mayor shall establish the administrative structure that is most adequate, convenient and necessary for the continuity of the services rendered. History —Jan. 10, 1998, No. 24, § 6, eff. 60 days after ...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-42/692s/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 42 - Punta Borinquen Administration and Development Authority (§§ 692-692l — 692t)›§ 692s - Notification and con...
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 42 - Punta Borinquen Administration and Development Authority (§§ 692-692l — 692t) › § 692s - Notification and consultation
The mayor shall notify and consult with the Planning Board, the Ports Authority and any other agency, department or instrumentality of the Government of Puerto Rico with facilities located within the premises of the Punta Borinquen Complex, of any change in the land use pattern and the viable plans, prior to carrying o...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-42/692t/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 42 - Punta Borinquen Administration and Development Authority (§§ 692-692l — 692t)›§ 692t - Public policy
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 42 - Punta Borinquen Administration and Development Authority (§§ 692-692l — 692t) › § 692t - Public policy
It is the public policy of the Commonwealth of Puerto Rico to transform the Rafael Hernández Airport into a second international airport, for which the mayor and the agencies thus consulted under § 692s of this title shall see that the future uses given to the transferred properties are not incompatible and, to the ext...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-43/693/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 43 - Tourist Incentives (§§ 693 — 693k)›§ 693 - Short title
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 43 - Tourist Incentives (§§ 693 — 693k) › § 693 - Short title
This chapter shall be known as the “Puerto Rico Tourist Incentives Act of 1983”. History —June 2, 1983, No. 52, p. 94, § 1.
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-43/693a/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 43 - Tourist Incentives (§§ 693 — 693k)›§ 693a - Definitions
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 43 - Tourist Incentives (§§ 693 — 693k) › § 693a - Definitions
(a) For the purposes of this chapter, and when not clearly incompatible with its purposes: (1) Persons. — Shall mean a corporation, partnership, an individual, or group of individuals, a trust or an estate. (2) Hotel. — Shall mean any building, any part of it, or any group of buildings, approved by the Puerto Rico Tour...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-43/693b/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 43 - Tourist Incentives (§§ 693 — 693k)›§ 693b - Exemptions
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 43 - Tourist Incentives (§§ 693 — 693k) › § 693b - Exemptions
(a) Types of exemptions. — Every eligible business shall be exempted from the payment of the taxes and levies mentioned in clauses (1), (2) and (3) of this subsection for a period of ten (10) years. (1) Exemption regarding municipal and Commonwealth taxes on real and personal property. — Property utilized in the develo...
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-43/693c/
PR
Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 43 - Tourist Incentives (§§ 693 — 693k)›§ 693c - Income tax exemption
2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 43 - Tourist Incentives (§§ 693 — 693k) › § 693c - Income tax exemption
(a) The income derived from activities related to tourist development of every eligible business, as such term is defined by subsection (a)(6) of § 693a of this title, shall be exempted from payment of the income tax of, as well as the dividends or profits distributed by it to its shareholders or partners or pursuant t...