Legal Coop Puerto Rico

Puerto Rico had abundant legislation that allowed for the organization of various types of cooperation and included the necessary support instruments for the promotion and strengthening of the sector. However, this is not exempt from being able to be improved according to the study`s recommendations. With the realization of the 19th century, the cooperative doctrine began to spread throughout the island and was strongly supported and promoted by leaders from all sectors of the country. According to the Institute of Cooperativism at the University of Puerto Rico, the origins of Cooperism in Puerto Rico date back to the time of the Taino Indians, who cultivated, cultivated and harvested the land, thus hunting and collaborating in all the tasks of the Yucayeque. Later, the Jíbaros organized “meetings” or self-help groups to cultivate and harvest the land. This product was not paid, but exchanged between the settlers. In addition, the research aims to make recommendations for a possible renewal of the existing legal framework, in order to understand what changes in the current legislation would be necessary to improve its degree of “cooperative conviviality”, i.e. to make legislation more favourable to cooperatives, also taking into account their specific identity. This website provides an overview of the results of the analysis of Puerto Rico`s legal framework.

The aim is to assess whether existing national legislation supports or hinders the development of cooperatives and is therefore “cooperative-friendly” or not, and to what extent this can be considered as such, including in relation to legislation in force in other countries in the ICA region or at supranational level. The analysis of the legal framework is a tool developed under the ICA-EU Partnership #coops4dev. This is an overview of national legal frameworks at the time of writing. The views expressed herein are not necessarily those of the CREA, and any reference to any particular content does not constitute an explicit endorsement or recommendation by the CREA. The analysis of the legal framework aims to provide a general knowledge of national cooperative law and its main features and contents, in particular with regard to the regulatory aspects relating to the identity of cooperatives and their differentiation from other types of professional organisations, in particular profit-making joint-stock companies. There is no reference in the Constitution of Puerto Rico to coopérism or to the principles of social justice and economic democracy that we associate with the recognition of a sector of the social and solidarity economy. Therefore, the rules governing cooperation in PR are legislative and administrative in origin. It is divided into three main areas. First of all, we have a general law on cooperatives (LGC for its acronym in Spanish), Law 239 de 1. September 2004, which brings together the doctrinal foundations of cooperation, defines its basic operational structure and also contains special provisions. En Legal Coop estamos guiados por los principios y valores que rigen al movimiento cooperativo internacional. Acorde con ello, ofrecemos una diversidad de servicios a cooperativas y otras empresas, tales como seminarios de derecho cooperativo, cabildeo legislativo, resolución de conflictos, manejo de crisis y asesoría en gobernanza empresarial, entre otros.

Each office collected contributions from ICA members represented in the countries of its geographical area using a common questionnaire and filling it in with relevant national statistics to get an idea of the national situation. Accordingly, the above data are collected according to two strategies: 1) a survey for ICA cooperation members 2) the collection of national statistics already available in the country. The above figures include aggregate data from ICA members on the number of co-operatives as well as the number of employees and co-operative memberships in the country. Further methodological information can be found in the full report. In Puerto Rico, data for reference year 2017 are collected. In response to the existing challenges and knowledge gaps facing the cooperative movement, this mapping research aims to provide comprehensive information on cooperatives around the world. No tan sólo mantenemos un compromiso inquebrantable con nuestros clientes y sus causas, sino que también con el desarrollo del derecho en Puerto Rico. Por ello, estamos comprometidos con publicar escritos que le informen sobre sus derechos o los cambios legales que ocurren el país, pero además que aporten al desarrollo del derecho. Mapping cooperatives in each country provides a more accurate picture of the cooperative context at national and regional levels, improves movement visibility, networking, partnership opportunities and advocacy, and strengthens cooperation partners by providing tools for positive change. Public policy in public relations aims to promote cooperation.

However, due to the automatic tax and other benefits mentioned in the legal analysis, the incorporation processes are not so simple. In order to balance the two interests, a whole series of institutional supports have been created for the creation and promotion of cooperatives. This website provides an overview of search results for Puerto Rico. For more information and full research results, you can download the report by clicking on the links above. This will be achieved through a process jointly led by ICA and its four regional offices – Cooperatives of the Americas, Cooperatives Europe, ICA Africa and ICA Asia-Pacific – using a common methodology developed with the support of external experts from the European Research Institute for Cooperative and Social Enterprises (Euricse). – Cooperativa de Ahorro y Crédito Dr. Manuel Zeno Gandía, is a full member of the financial sector. The General Law on Cooperatives has also been amended to include renewable energy cooperatives. – Liga de Cooperativas de Puerto Rico (LIGACOOP), is a full member and is the APEX organization in Puerto Rico. In Puerto Rico, the research questionnaire was distributed and completed by 2 ICA member organizations. The data collected refer to the reference year 2017.

The legislation aims to transform the territory`s energy sector and help communities become more resilient through the creation of cooperatives. According to the rules, an energy cooperative needs at least five members before it can be formed. People will be able to develop cooperatives to produce energy for themselves, distribute it or sell it to the grid. The law states that electricity cooperatives must also ensure that they apply fair rates. Puerto Rico`s Senate has taken steps to diversify its energy economy by passing a bill on Aug. 27 to create a framework for cooperatives in the sector. At Legal Coop, we understand the law as a tool to build a more united world. – Die Cooperativa de Seguros Múltiples de Puerto Rico ist Vollmitglied im Versicherungssektor.