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CHAPTER III
GENERAL ASSEMBLY

Article 15. The General Assembly is the supreme governing body of the Association and shall be formed by all members.

Article 16. The meetings of the General Assembly will occur on an ordinary and extraordinary basis. The ordinary meetings are held four times a year, holding the first in the first three months of the year; the extraordinary meetings are held when the circumstances require, when the President or the Board of Directors agree to do so, or when proposed in writing by at least one tenth of the members.

Article 17. The call for General Meetings shall be made in writing, stating the place, date and time of the meeting and the agenda with the specific issues to be discussed. The day of the first call and the day appointed for the holding of the Meeting shall be separated by an interval of at least three months, and the time lapse between all meetings must be less than six months.

Article18. The General Assemblies, both ordinary and extraordinary, shall be considered validly constituted on the first call when at least a third of all members with voting rights agree on the meeting, and on the second call when any number of members with the right to vote agree to do so.

The decisions will be taken by the majority of those present or represented when the affirmative votes  outweigh the negative ones, not taken into consideration null votes, blanks or abstentions.

A qualified majority of those present or represented will be required, which exceeds half of the votes with affirmative character, for proposed cases of:

  1. Dissolving the association.
  2. Modifying the Statutes, including a change of legal address
  3. Disposing of or alienating of property.

Article 19. It is the responsibility of the General Assembly to:

  1. Approve the management of the Board.
  2. Analyze and approve the annual budget.
  3. Elect the members of the Board.
  4. Establish the ordinary or extraordinary member fees.
  5. Dissolve the association.
  6. Amend the Statutes, including a change of legal address.
  7. Provide or dispose of property
  8. Any competence not attributed to any other social organ.

Article 20. The following actions will require a resolution of the Extraordinary General Assembly:

  1. Amendment to the Statutes, including a change of legal address.
  2. Dissolution of the Association.