Regulatory Alerts2023-08-30 | DOF 5700298Added
Official Letter modifying the terms of the authorization to operate as a Credit Union granted to Credit Union of Commerce and Industry and Tourist Services of the West, S.A. de C.V.
This official letter modifies the terms of the authorization to operate as a Credit Union granted to Credit Union of Commerce and Industry and Tourist Services of the West, S.A. de C.V., specifically updating Point SECOND, fraction II regarding authorized share capital. The authorized share capital is set at $75,000,000.00 MXN, represented by 45,000,000 Series A shares corresponding to fixed capital without withdrawal rights and 30,000,000 Series B shares corresponding to variable capital with withdrawal rights, all with a nominal value of $1.00 MXN each. This modification is based on the approval of amendments to the seventh clause of the entity's bylaws via office No. 311-95861/2023 dated June 23, 2023.