Regulatory Alerts2024-05-22 | DOF 5727970Added
Official Letter Modifying the Terms of the Authorization to Operate as a Credit Union Granted to Union de Credito de Uruapan, S.A. de C.V.
The National Banking and Securities Commission modifies the authorization for Union de Credito de Uruapan, S.A. de C.V. to operate as a credit union, specifically updating the second point, fraction II, regarding authorized social capital. The amendment sets the authorized capital at 30,000,000.00 Mexican pesos, represented by 5,900 Series A fixed capital shares and 100 Series B variable capital shares, each with a nominal value of 5,000.00 pesos. This change follows a reform to the seventh clause of the entity's bylaws approved on January 15, 2024.
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