Regulatory Alerts2016-01-07 | DOF 5422248Added · Updated
Official Letter Modifying Fraction II of Article Three of the Authorization Granted to La Peninsular Compañía General de Seguros, S.A. Due to Increase in Share Capital
The Ministry of Finance and Public Credit modifies the authorization granted to La Peninsular Compañía General de Seguros, S.A. to reflect an increase in its share capital from $25,074,250.00 to $43,074,250.00. This amendment updates Fraction II of Article Three of the institution's authorization, which was originally issued in official letter 366-IV-4100 on December 11, 1995. The change follows the approval of statutory reforms allowing the capital increase, as documented in public deed No. 45,448 dated January 22, 1996.