P.R. Laws tit. 5, § 4571
(a) Associated labor cooperatives. — Shall mean those cooperatives whose members contribute work and capital for the development of [an] entrepreneurial activity for the production in common of goods and services for third parties in which most of the capital of the cooperative is owned by the workers.
(b) Worker-members. — Shall mean natural persons who are legally able to perform any economic activity for the cooperative, whether professional or for the production of goods and services of any sort, in exchange for participation in its government and in the earnings generated by the cooperative, including persons over eighteen (18) years or more, provided that their parents with patria potestas or their guardian give their express written consent thereto.
(c) Non-member workers. — Shall mean employees contracted by the cooperative who are not members thereof, but carry out work in exchange for a salary.
(d) Collaborators. — Shall mean non-profit natural or juridical public or private persons who contribute to the corporate capital pursuant to the provisions of the bylaws and the articles of incorporation of the cooperative. The collective contributions of the workers shall not exceed forty-five percent (45%) of the corporate capital of the cooperative.
(e) Chief executive. — Shall mean a duly qualified person appointed by the Board of Directors to conduct the administrative duties of the cooperative. The Board of Directors shall establish in writing the selection criteria and qualifications that such administrator shall have, according to the demands of the cooperative, as well as the terms, conditions and responsibilities of the position, if they are in addition to those established herein.
History —Sept. 1, 2004, No. 239, § 34.1.