1. Without prejudice to the provisions of Article [10] of this Decree Law, the company may have, upon incorporation or upon increase of its capital, one or more underwriters to be approved by the SCA in accordance with the conditions, controls and procedures issued under a resolution of the SCA. 2. A resolution shall be issued by the board of directors of the SCA indicating the controls and conditions for the practice of underwriting activities in the State.
Interpretation and application must be checked against the official text and current version.