ARTICLE 166: FACULTIES OF THE ADMINISTRATOR

The administrator will have all the faculties that normally correspond to the administration of the company and full powers with the faculties that require special clause under the law, to exercise acts of ownership and administration, for lawsuits and collections, grant or subscribe titles of credit, file complaints and charges and withdraw from the latter, prior agreement of the executing office, as well as to grant general or special powers that it deems appropriate, revoke those granted by the company intervened and those that it himself has conferred.

The administrator will not be subject to its performance to the council of directors, shareholders meeting, partners, or participants.

In the case of negotiations that do not constitute a company, the administrator will have all the faculties of ownership for the conservation and good progress of the business.