State Act

Code of Comunidades of 1961

Art. 52 – The managing committee shall assume office within the first three days of the month of March of the first year of their management and the president shall inform the Administrator about the installation and in case, when there had been any misappropriation of funds in the accounts, whether the same has been repaid. Sole § The members of the managing committee, appointed or elected, shall continue until they are legally substituted.