2025-03-04 | DOF 5750790

Added

Notice revoking the authorization to continue operating as a credit union granted to Union de Credito Industrial y Agropecuaria de Tabasco, S.A. de C.V.

The National Banking and Securities Commission revokes the authorization for Union de Credito Industrial y Agropecuaria de Tabasco, S.A. de C.V. to operate as a credit union, citing the entity's failure to provide evidence disproving the grounds for revocation under Articles 97 II and XIV of the Credit Unions Law. Effective upon notification, the entity is prohibited from conducting operations and must enter a state of dissolution and liquidation in accordance with Article 99 of the Credit Unions Law.

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Mexico

Secretaria de Hacienda y Credito Publico

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DOF: 04/03/2025

OFFICE through which the authorization to continue operating as a credit union granted to Union de Credito Industrial y Agropecuaria de Tabasco, S.A. de C.V. is revoked.

A seal with the National Coat of Arms appears on the margin, which reads: United Mexican States.- Treasury.- Ministry of

Treasury and Public Credit.- National Banking and Securities Commission.- Legal Vice Presidency.- General Litigation Directorate.- Office: P039/2025.- File: CNBV.2C.5. Revocation, 212, " 07/05/2024 - 07/05/ 2024 " , REV/339/EF/01.

SUBJECT: REVOCATION OF AUTHORIZATION TO CONTINUE OPERATING

AS A CREDIT UNION.

UNION OF INDUSTRIAL AND AGRICULTURAL CREDIT OF

TABASCO, S.A. DE C.V.

Agrarian Union No. 208, Col. Adolfo Lopez Mateos, C.P 86040,

Villahermosa, Tabasco

[ ... ]

This

National

Banking

and

Securities

Commission,

based on

the provisions

of

articles

97

paragraphs

II

and

XIV,

99

and

100

of the

Credit Unions Law

(hereinafter LUC),

2

first

paragraph;

4,

paragraphs

I,

XI

and

XXXVIII,

5,

12

paragraphs

V

and

XV

and

16,

paragraphs

VI

and

XVII

of the

Law of the

National Banking and Securities Commission

(hereinafter LCNBV),

in its

capacity as

a Decentralized Body

of the

Ministry of

Treasury and

Public Credit,

has as its

objective to supervise and

regulate in the

scope of its

competence the

entities that are

part of the

Mexican financial

system, in order to ensure their

stability and

correct functioning,

as well as to

maintain and

promote the

healthy and

balanced development

of said system

as a whole, in

protection of the

interests of the

public, to authorize

the constitution

and operation of

those entities that

are indicated by

the laws and, in

its case, to agree

on the revocation

of said

authorizations.

With the objective

of complying with

said legal

provisions, the

present resolution

of revocation of

the authorization

to continue

operating as a

Credit Union is

issued, which at

its time was

granted to the

company named

UNION OF INDUSTRIAL

AND AGRICULTURAL

CREDIT OF

TABASCO,

S.A.

DE C.V. ,

(hereinafter

Tabasco,

Credit Union,

Entity or

Society,

indistinctly),

in accordance

with the

following:

BACKGROUND

[ ... ]

CONSIDERATIONS

FIRST.

COMPETENCE.

Based on the

provisions

of articles

97 first

paragraph,

paragraphs

II and

XIV of the

Credit Unions

Law, 2, 4,

paragraphs

I, XI,

and XXXVIII,

12 paragraphs

V and XV,

16,

paragraphs

VI and

XVII, of

the LCNBV,

in accordance

with the

referenced

regulation,

the National

Banking and

Securities

Commission,

as a Decentralized

Body of the

Ministry of

Treasury and

Public Credit,

is authorized

to authorize

the constitution

and operation

of credit unions

and, in its

case, to agree

on the revocation

of said

authorizations.

[ ... ]

Therefore, it

is reasonable

to conclude

that, in

accordance with

the information

available to

this Commission,

concatenated

with the fact

that said

Credit Union

did not provide

elements to

disprove the

grounds for

revocation for

which it was

summoned, and

even less

provided an

element of

conviction by

which it would

discredit said

circumstance,

which leads

this Commission

to the conviction

that the

grounds for

revocation for

which UNION

OF INDUSTRIAL

AND AGRICULTURAL

CREDIT OF

TABASCO,

S.A. DE C.V.

was summoned

have been

actualized,

established in

article 97

paragraphs II

and XIV of

the Credit

Unions Law.

[ ... ]

RESOLVES

FIRST.

This Decentralized

Body, based

on the provisions

of article 97

paragraphs II

and XIV as

well as 99

and 100 of

the aforementioned

Credit Unions

Law and 12,

paragraph V

and XV, of

the Law of

the National

Banking and

Securities

Commission and

in accordance

with the

Agreement

THIRD adopted

by the Board

of Directors

of said Commission

in its ordinary

session held

on February 12,

2025 , and

to the considerations

that were

exposed in

the present

resolution,

REVOKES

UNION OF

INDUSTRIAL

AND AGRICULTURAL

CREDIT OF

TABASCO,

S.A. DE C.V. ,

the authorization

for the

organization

and functioning

to operate as

a Credit Union.

SECOND.

From the date

of notification

of the present

resolution,

UNION OF

INDUSTRIAL

AND AGRICULTURAL

CREDIT OF

TABASCO,

S.A. DE C.V. ,

is unable to

carry out

operations and

will be placed

in a state of

dissolution and

liquidation,

in accordance

with the

provisions of

the last

paragraph of

article 99

of the Credit

Unions Law.

THIRD.

[ ... ]

FOURTH.

[ ... ]

FIFTH.

[ ... ]

[ ... ]

Thus it was

ordered by the

President of

the National

Banking and

Securities

Commission,

based on the

established in

articles 16,

paragraphs VI

and XVII, of

the Law of

the National

Banking and

Securities

Commission and

signed, in

substitution

for absence

of the same,

the Legal

Vice President

of this Commission,

in accordance

with the

provisions of

articles 3,

paragraph III,

second paragraph,

4, paragraph

I, section

A, paragraph

II, section

A, subsection

7), 9, 14

and 60 of

the Internal

Regulation of

the National

Banking and

Securities

Commission.

Respectfully

Mexico City

on February

19, 2025 .-

Legal Vice

President of

the National

Banking and

Securities

Commission,

Lic. Angel

Salvador Vargas

Mitre .-

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