Public performance producers, who hold a license issued by the Department of the Treasury at the effective date of this act, are hereby authorized to become a juridical body under the name “Puerto Rico College of Public Performance Producers”.
Thus, only those public performance producers established in Puerto Rico who are members of the College shall act as public performance producers in theaters, stages, coliseums, convention centers and other facilities in which public performances are held, as established by this chapter and the regulations adopted thereunder, or those producers who are not established in Puerto Rico, but are associated with producers members of the College, or in the case of producers or promoters who are not established in Puerto Rico, but who are established in some other territory or state of the United States of America after having associated with a producer member of the College, or after having obtained a license from OSPEP and becoming college members.
History —Sept. 16, 2005, No. 113, § 3.