VII. General Provisions

Article 28.-     Procedures for the Amendment of these By-Laws, are the following:

a.Proposals may be submitted to the Board of Directors by any of the following persons:

1.The Chairman of the Board of Directors;

2.Two or more Directors; or

3.At least three representatives of the Associates who are not Directors.

b.The Board of Directors will analyze the proposal for amendment to the by-laws. If the majority of its Associate Members approve the proposal, it will be presented to the Assembly for discussion and eventually for approval.

c.The Assembly that will discuss amendments to the by-laws must have a quorum of at least two thirds of the Associate Members. In order for an amendment to be approved, an absolute majority of votes must be in favor of such amendment.

d.Approved amendments to the by-laws will come into effect on the date of approval by the Assembly, unless the Assembly specifies otherwise.

The Chairman of the Board of Directors, along with the Secretary General, will be responsible for drafting the revised version of the by-laws. The Chairman will also see that the revised version is duly distributed among the Association’s Members.

Article 29.-     Any controversy or claim which may arise from or relate to these By-laws, or any document or instrument delivered in regard with the same, or any breach to them, shall be submitted to the jurisdiction and competence of the tribunals of Mexico City, Federal District, expressly waiving any other jurisdiction or competence to which the Associate Members might be entitled to, by reason of their present or future domicile or for any other reason that might otherwise apply.

Article 30.-     In any subject not foreseen in these By-laws, the provisions of the Federal District Civil Code and other legal regulation of the United Stated of Mexico, as well as its courts, will be applicable. 

Article 31.-     "Any foreigner that, in the act of incorporation or at any time in the future acquires an interest or participation in the Association, shall be considered, as a result of that simple action, as a Mexican national regarding said property, rights, concessions, participation or interests of the society, or the rights and obligations that stem from contracts subscribed by the Association with Mexican authorities, and therefore agrees not to invoke the protection of his government, under the penalty, for failure to comply with the latter, of forfeiting said interest or participation in favor of the Mexican Nation".