Regulatory Alerts2018-08-03 | DOF 5533868Added
Official Letter Modifying the Authorization Granted to Thona Seguros, S.A. de C.V. to Organize and Operate as an Insurance Institution
The National Insurance and Bonds Commission modifies the authorization granted to Thona Seguros, S.A. de C.V. to reflect changes in its social capital structure, requiring that the minimum paid capital be expressed in Investment Units and covered in national currency. The resolution updates the institution's articles of incorporation, specifically defining its variable capital, prohibiting variable capital with withdrawal rights from exceeding paid-in capital without withdrawal rights, and establishing its domicile in Mexico City. The modified authorization is published in full within the resolution, and the institution is required to publish these resolutions in the Official Federal Diary and two widely circulated newspapers within 120 days of notification.