The governing bodies are: the Board, the
Board of Directors, and the Admissions
1. The Board: is the
highest authority and consists of all
members who are bond owners.
2. The Board of Directors: is
the body that is directly in charge
of the governance and administration
of the Entity. It consists of a President,
a Secretary, and Treasurer and seven
Members at large.
3. Admissions Committee: has
the exclusive right to decide on the
admission of new members. It's formed
by all the members of the Board of Directors
and twelve elected owner members.
Presidency.- The president legally
represents the association and presides
over the Board and the Board of Directors,
for which he has been granted the appropriate
Secretary.- The Secretary has
all powers inherent in the position
and manages all the Association's personnel.
Administration.- The Treasurer
is responsible for the company's fund,
along with the President, for which
he has been granted the appropriate