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By-Laws

 

 

 

 

 

 

 

 

 

 

Article 24.- Any controversy or claim which may arise from or relate to this 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 by reason of their present or future domicile or for any other reason that might otherwise apply.

Article 25.- 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 26.- "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".

Approved on IX Annual Assembly Meeting 9 of 9

 


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