State Act

Code of Comunidades of 1961

Art. 114 – During the ordinary period set for the payment of prevents of zonn and dividends, the key-holders shall calculate the amount necessary to effect these payments, based on the average paid in the same period over last three years, and make that amount available in the safe by withdrawing in advance from the Bank 39[Cooperative Bank or where such Bank is not in operation, in the Post Office Savings Bank as the case may be], but never in anticipation of more than eight days.