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Bylaws - Coggle Diagram

- - - - No required method (electronic or writing), but notice must be given ahead of meeting
    - - Provided by person who would be given notice of meeting to exempt them from such
  - - - Officers must be elected
      - Any agent elected by the Board can be removed by the Board
      - Vacancies must be filled by the Board
      - Authorities and duties outlined in bylaws
      - Any compensation is fixed by the Board, or by the Chairman or President (except their own compensation)
    - - CEO
        
        Business; authority over officers, agents and employees; carry out Board's decisions
      - President
        
        Direction of operations; reports to CEO and is their backup if not present
      - CFO
        
        Funds and securities, receipts and disbursements, deposits, financial condition of corporation
      - Vice President
        
        Duties assigned by Board/President; acts as backup for President when not present
      - Treasurer
        
        Custody of funds and securities; keep accounts
        
        Assistant Treasurer
      - Secretary
        
        Keep minutes of meetings; custody of corporate seal; track of certificate books, transfer books, stock papers
        
        Assistant secretaries
      - Board of Directors
  - - - Share requirement for eligibility to vote
      - Quorum required before vote can be cast
    - - Inspectors - verify shares and voting powers
      - Consent of stockholders if not at meeting
      - Advance notice required for meeting (or to give consent)
      - Press releases and public announcements
    - - Annual or Special
      - Location: within the state
- - - - By publication in at least two major newspapers in Mexico City, at least 15 days in advance
    - - Clearly state number of shares, that they're non-negotiable or -transferable, and that titles must be kept until a business day after the meeting
  - - - Management and execution of business, strategies and policies approved by the Consejo de Administración
      - Works with Consejo de Administración
    - - Prácticas societarias y de auditoría
    - - Meet four times a year
      - Maximum of 21 members
      - May or may mot be stockholders
    - - Like VPs/Assistants - act as backups for officers when not present
  - - - Ordinarias
      - Extraordinarias
    - - At least 10% ownership of stock required (as individual or group) to be able to vote
      - Quorum requirement of between 50 and 75% attendance (of voting power) depending on meeting type
    - - At least once a year, within the first four months of the year