P.R. Laws tit. 23, § 631
Governing Board members who are not public officials shall be eligible for coverage under the provisions of §§ 3077 et seq. of Title 32, known as the “Claims and Lawsuits against the Commonwealth Act”, as amended by Act No. 9 of November 26, 1975, as amended.
Governing Board members shall be subject to the provisions of §§ 1801 et seq. of Title 3, known as the “Ethics in Government Act of the Commonwealth of Puerto Rico”. They shall be also governed by the following ethical standards:
(a) Governing Board members listed herein shall refrain from discussing, analyzing, considering, evaluating and otherwise participating in matters appertaining to the institutions in which they serve as executive officers or members of governing bodies. No member of the Governing Board shall disclose or use information or documents acquired while discharging his/her functions for purposes extrinsic from such discharge.
(b) It is hereby provided that neither the Commissioner nor any other Governing Board members, individually, shall be financially liable for any action taken in the course of the discharge of their duties and powers under this chapter, insofar as they are not acting intentionally or unlawfully, and in the awareness that they may inflict any harm, or for their own benefit or to benefit a third party.
(c) The Governing Board may adopt, by vote of seven (7) out of the total ten (10) standing members, bylaws to set forth its operations, the ethical norms that shall apply to all members, and the procedural norms relative to the settlement of disputes. Such bylaws shall define, among other things, any confidentiality norms as may be appropriate for the operations of the Board, which rules may not impede Cooperative Movement representatives from freely discussing with cooperative bases any matters of public policy, regulation, and development of the Cooperative Movement not related to administrative proceedings of an adjudicative or an investigative nature in connection with specific situations, cases or circumstances of any particular cooperatives or persons.
History —Aug. 10, 2008, No. 247, § 8, eff. Feb. 1, 2009.