Organic Law of the College of Architects of Honduras

Ordinary and Extraordinary Contributions.- a) The amount of ordinary monthly fees shall be Lps. 40.00 (FORTY LEMPIRAS) for Architects while for temporary portfolio shall be Lps. 385.00 or its equivalent in national currency. The payment of the fee shall be updated; and due to the fluctuation process of the national currency it shall be adjusted based on the official annual inflation index determined by the Central Bank of Honduras. b) The amount and form of payment of extraordinary fees shall be established by the Assemblies. c) Every member must be current in the payment of their fees. For the purposes of the preceding provision, a member shall be considered current in the payment of their fees when they owe no more than one quarter, solved under these conditions the member may exercise the functions of electing and being elected. d) In order to remit ordinary fees to the Treasury, each member must be current in the payment of their extraordinary fees. e) Unjustified non-compliance, duly proven, in the payment of three months of ordinary fees and in the same year for extraordinary fees, shall give rise to the temporary suspension of the Member. f) When a Member temporarily suspended in accordance with the preceding ARTICLE proceeds to pay the outstanding fee, by that fact alone, and automatically recovers their rights. g) The registration fee for the Assemblies of the College shall be equivalent to two (2) daily minimum wages. The member who does not register in the Assemblies may incur as a penalty the equivalent of four (4) daily minimum wages and must also cancel the registration fee. Minimum wages are understood to mean those established for the construction industry. h) Exemption shall be granted from the payment of fees of the College of Architects to members who have reached 75 years of age and meet the following requirements: 1.) Be in full enjoyment of their collegiate rights. 2.) Have completed 20 years of collegiate seniority. 3.) Have reached 75 years of age. Such members shall maintain their professional seal in accordance with the rights and guarantees granted by the Constitution of the Republic of Honduras. 4.) Architects and female architects who reach 75 years of age plus 20 years of collegiate membership shall cease to make payments of ordinary fees, provided they are current with the payment of their ordinary and extraordinary fees of the College of Architects of Honduras. 5.) If the architect or female architect reaches 75 years of age, but does not yet have 20 years of collegiate membership, they shall continue paying the CAH fees until reaching 20 years of collegiate membership. 6.) The fact of exempting members when they reach 75 years of age and 20 years of collegiate membership does not exempt them from paying certifications, stamps, or any other CAH product. REGULATION FOR THE ADMINISTRATION OF THE COLLECTIVE AID FUND OF THE COLLEGE OF ARCHITECTS OF HONDURAS Approved at the III Extraordinary General Assembly of the CAH, held on December 15, 1979. Published in the Official Journal La Gaceta, on May 4, 2006. Reforms approved at the III Extraordinary General Assembly of the CAH, held on February 22, 2003, included in the Gaceta on May 4, 2006. Consists of 7 Chapters and 39 ARTICLES. In the following General Assemblies of the CAH, the Regulation for the Administration of the Collective Aid Fund was discussed. III Extraordinary General Assembly of the CAH December 15, 1979. Second Item: The Board of Directors presented the "Draft Regulation for the Administration of the Collective Aid Fund", which was described ARTICLE by ARTICLE and was approved based on the Resolutions granted by ARTICLE 4 and 18 of the Organic Law. XX Extraordinary General Assembly of the CAH, held on May 15, 1999. Item 5. Presentation and discussion of Regulations. 5.3 Reform the FAC Regulation. The proposals to reform the FAC Regulation were not presented because they were not ready for the Assembly and exemption was requested. The exemption was accepted. XXXIV Extraordinary General Assembly of the CAH, held on February 22, 2003. The corresponding Minutes of this Assembly were not found. It is suggested to conduct an intensive search in the CAH archives in order to clarify this revised Regulation. XXXI Extraordinary General Assembly of the CAH, held on May 26, 2012. Item No. 5, reading, discussion and approval of reforms to the Internal Regulation of the Collective Aid Fund (FAC). The Reforms to the Regulation of the Collective Aid Fund (FAC) were not approved because they did not agree with the Qualified Regulation. REFORMS TO THE REGULATION FOR THE ADMINISTRATION OF THE COLLECTIVE AID FUND OF THE COLLEGE OF ARCHITECTS OF HONDURAS In exercise of the powers granted by Article 18, literal b), and in application of the provisions of Article 18, literal b) of the Organic Law of the College of Architects of Honduras. Reforms approved at the XXXIII Extraordinary General Assembly of the CAH, held on September 28 and October 19, 2013. Item No. 4 presentation, discussion and approval of Reforms to the Regulation for the Administration of the Collective Aid Fund (FAC) based on the powers granted by article by article WERE APPROVED based on the powers granted by ARTICLE 18, literal b) of the Organic Law. Consists of 2 Chapters and 41 ARTICLES. REFORMS TO THE REGULATION FOR THE ADMINISTRATION OF THE COLLECTIVE AID FUND OF THE COLLEGE OF ARCHITECTS OF HONDURAS In exercise of the powers granted by Article 18, literal b), and in application of the provisions of Article 18, literal b) of the Organic Law of the College of Architects of Honduras. Modification approved by the XXXIV Extraordinary General Assembly of the CAH, held on June 6, 2015, to the Internal Regulation of the College of Architects of Honduras, 1) Reform: add to subsection b) to Article 12, for the purpose of exempting the CAH fee to architects who have reached 75 years of age. 2) Standardize Article 26, subsection 7 of the Regulation of the Collective Aid Fund, which is reformed, and shall be read as follows:

The Collective Aid Fund shall establish the following benefits for its members:

• 1)

  Medical expenses: The Collective Aid Fund shall seek the most appropriate mechanisms to provide its members with insurance against accidents and coverage of medical and hospitalization expenses. This benefit shall be provided through insurance companies regulated by the Honduran State or its acquisition shall be voluntary. Members who acquire this benefit shall pay the corresponding premiums through the FAC and may withdraw from this benefit at any time by notifying the Board of Administration with 30 days notice. The amounts that members owe for insurance premiums acquired shall be included in their account statements and shall constitute an economic commitment reflected through a legally valid document.

• 2)

  Life insurance: Members of the Collective Aid Fund shall have life insurance which shall be delivered to their beneficiaries or legal heirs, once the death of the member is proven. The coverage method of this benefit shall be a decision of the General Assembly at the proposal of the Board of Administration of the FAC in accordance with the recommendations of the updated Actuarial Study. The expected amount in life for the charge shall be approved by the General Assembly at the proposal of the Board of Administration of the FAC in accordance with the recommendations of the updated Actuarial Study and that shall be paid immediately to the beneficiaries upon simple presentation of the death certificate issued by competent authority or professional. In the event that the member has no beneficiaries listed, said amount shall be added to the life insurance that shall be delivered to the heirs declared in the court records.

• 3)

  Funeral expenses: for the amount proposed to the General Assembly by the Board of Administration of the FAC in accordance with the recommendations of the updated Actuarial Study and that shall be paid immediately to the beneficiaries upon simple presentation of the death certificate issued by competent authority or professional. In the event that the member has no beneficiaries listed, said amount shall be added to the life insurance that shall be delivered to the heirs declared in the court records.

• 4)

  Personal loans: which shall be regulated by a special regulation and in accordance with the credit policy determined by a study of economic feasibility.

• 5)

  Exemption from the payment of ordinary and extraordinary fees of the FAC, in case of permanent disability duly proven by competent professional and for the duration of that condition, provided that it is declared for a period of not less than 12 (twelve) months. Members in this condition would be obligated to present semiannually to the FAC the disability documentation, this not being a cause for automatic suspension of the benefit.

• 6)

  Sustenance of 25 years. For the member who maintains current status with the CAH-FAC. They may choose to receive account balance at once being entitled to 60 installments. The monthly fees in the case that the member dies before the completion of said term, the pending fees shall continue to be delivered to their beneficiaries. For the calculation of monthly fees to be received: the value of life insurance existing with the CAH-FAC shall be deducted provided no default status has occurred. To opt for this benefit, members must have contributed to the FAC in periods of no less than 20 years. This benefit shall be interrupted in the event that the member falls into default status, and may be reactivated as soon as the member remedies such situation.

• 7)

  Exemption from the payment of ordinary and extraordinary fees of the Collective Aid Fund upon reaching 75 years of age. For the granting of this benefit, the member must be current with all CAH and FAC fees and have contributed to the FAC for a period of not less than 20 years and meet the following requirements: 1.) Be in full enjoyment of their collegiate rights. 2.) Have completed 20 years of collegiate seniority. 3.) Have reached 75 years of age. Such members shall maintain their professional seal in accordance with the rights and guarantees granted by the Constitution of the Republic of Honduras. 4.) Architects and female architects who reach 75 years of age plus 20 years of collegiate membership shall cease to make payments of ordinary and extraordinary fees of the College of Architects of Honduras. 5.) If the architect or female architect reaches 75 years of age, but does not yet have 20 years of collegiate membership, they shall continue paying the CAH and FAC fees until reaching 20 years of collegiate membership. 6.) The fact of exempting members when they reach 75 years of age and 20 years of collegiate membership does not exempt them from paying certifications, stamps, or any other CAH product. 8.) Other benefits that the General Assembly of the CAH may establish as the capitalization of the Collective Aid Fund permits.