Exhibit 3(i)(b)
Commonwealth of Puerto Rico
CERTIFICATE OF AMENDMENT OF THE
AMENDED AND RESTATED ARTICLES OF INCORPORATION
AFTER THE RECEIPT OF PAYMENT OF CAPITAL
AMENDED AND RESTATED ARTICLES OF INCORPORATION
AFTER THE RECEIPT OF PAYMENT OF CAPITAL
Registry Number: 95,905.
TRIPLE-S MANAGEMENT CORPORATION, a corporation organized and existing under the laws of the Commonwealth of Puerto Rico, does herebyCERTIFY:
FIRST:That at a meeting of the Board of Directors ofTRIPLE-S MANAGEMENT CORPORATION, duly held and convened, resolutions were duly adopted setting forth a proposed amendment to the Certificate of Incorporation of said corporation and declaring said amendment advisable and calling a meeting of the stockholders of said corporation for consideration thereof. The resolution setting forth the proposed amendment is as follows:
RESOLVED, that the Amended and Restated Articles of Incorporation of this Corporation be amended by changing Article TENTH A, so that it reads as follows:
TENTH:
A. | The business and affairs of the Corporation shall be managed under the direction of a Board of Directors consisting of not less that nine (9), nor more than nineteen (19) Directors. |
SECOND:That thereafter, pursuant to a resolution of its Board of Directors, an annual meeting was duly called and held pursuant to Article 7.12 of the General Corporation Law of 1995, at which meeting a majority of the issued and outstanding shares of common stock entitled to vote were voted in favor of the amendment set forth above to Article TENTH A.
THIRD:That said amendment was duly adopted in accordance with the provisions of Article 8.02 of the General Corporation Law of 1995.
IN WITNESS WHEREOF,I, Ramón M. Ruiz-Comas, its Authorized Officer who signs this certificate, hereby swear that the facts herein stated are true, as of the 3d day of May, 2007.
TRIPLE-S MANAGEMENT CORPORATION | ||||
By: | /s/ Ramón M. Ruiz-Comas | |||
Ramón M. Ruiz-Comas | ||||
Authorized Officer | ||||