Members can lose their membership in the Association for the following:
By death
By voluntary resignation addressed in writing to the Board of Directors, prior to cancellation of his or her obligations as a member.
By expulsion agreed by two-thirds of the votes in a session of the Board of Directors and ratified in an Extraordinary General Meeting, which will be convened immediately in accord with the present Article of the Bylaws, and for any of the reason indicated below:
The defense procedure in a case of expulsion of a member for cause is:
Prior to the cessation of his membership, the Oversight Officer will communicate to him or her, in writing, the reasons for his or her proposed expulsion. The member will have eight business days from receipt of the communication to prepare his or her defense. Once this time period has elapsed and in the session of the Board of Directors that should have been set in the special written communication, the Board will judge the case of expulsion against the member. The accused member can be present and can present proofs and submissions before the executive body for use in his or her defense. The Board of Directors will decide for or against the expulsion of the member.
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