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Source text - English This policy outlines the process to ensure that sufficient materials, supplies, and services are procured by authorized individuals, from authorized vendors, with consideration given to on-hand inventory, projected future use, competitive pricing, and timely delivery. Local practices, laws, and policies should be considered in conjunction with this policy. Additional guidance is available in the XXX policy. Capital acquisitions are covered in a separate XXX policy. Payment for goods and services is covered under a separate XXX policy.
Translation - Spanish Esta política detalla el proceso para asegurar que los materiales, útiles y servicios necesarios sean comprados por individuos autorizados, a los proveedores autorizados, considerando el stock físico actual, el uso futuro proyectado, el precio competitivo y la entrega puntual. En conjunto con esta política, se deberán considerar las prácticas, leyes y políticas locales. En la política XXX se encuentra orientación adicional. Las adquisiciones de capital se cubren por separado en la política XXX. Los pagos por los bienes y servicios se cubren por separado en la política XXX.
English to Spanish: Articles of Incorporation General field: Law/Patents Detailed field: Law (general)
Source text - English CAPITAL AND SHARES
Article 4
1. The authorized capital of the Corporation amounts to THIRTY THOUSAND UNITED
STATE DOLLARS (US$ 30,000.) divided into six thousand (6,000) non profit sharing five
percent (5%) non cumulative preference shares A and twenty four thousand (24,000) shares
A and common shares B, with a par value of One United States Dollar (US$ 1.—) each, of
which at the incorporation one hundred (100) shares B are issued.
2. Shares are issued by the Board of Management.
The Board of Management shall decide as to the time, the price of issuance of new shares -
provided that such price shall not below par - and as to the time of payment.
3. The new shares shall be offered by preference to the shareholders, such in proportion to
the number of share class concerned held by them.
4 The Board of Management is competent, without instruction of the general meeting of
shareholders, to conclude agreements as mentioned in article 60 of the Code of Commerce
of ____________.
5. Whenever in these Articles of Incorporation the words shares and shareholders are
mentioned, they shall have a bearing on both classes of shares and holders of those shares,
unless it is shown to be otherwise by the nature of the regulation.
Translation - Spanish CAPITAL Y ACCIONES
Artículo 4
1. El capital autorizado de la Sociedad asciende a TREINTA MIL DÓLARES
ESTADOUNIDENSES (US$ 30.000) dividido en seis mil (6.000) acciones A
preferenciales no acumulativas de cinco por ciento (5%) sin participación en las utilidades
y veinticuatro mil (24.000) acciones B comunes, con un valor par de Un Dólar
Estadounidense (US$1.-) cada una. De éstas, al momento de la constitución se emiten todas
las acciones A y cien (100) acciones B.
2. El Directorio emite las acciones.
El Directorio decidirá el momento y el precio de emisión de las acciones nuevas, siempre
que dicho precio no sea menor al par, y decidirá también el momento de pago.
3. Las acciones nuevas se ofrecerán por preferencia a los accionistas, en proporción a la
cantidad de acciones de la clase en cuestión que tengan.
4. El Directorio tiene la compentencia, sin instrucción de la asamblea general de
accionistas, para celebrar acuerdos según se menciona en el artículo 60 del Código de
Comercio de __________________.
5. Cada vez que se mencionen en estos Estatutos las palabras acciones y accionistas, se
considerará una referencia a ambas clases de acciones y a los titulares de dichas acciones, a
menos que la naturaleza de la regulación lo demuestre de otro modo.
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Years of experience: 16. Registered at ProZ.com: May 2008.
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My name is Barbara Lillo and I am a professional English-Spanish translator specialized in law and finance. During my ten years of experience working with agencies and direct clients I have translated documents for companies and entities that include, but are not limited to, leading audit firms, shipping companies, mining companies, banks, stock exchanges, technology companies, credit card issuers and government agencies (both domestic and foreign).
I have a Bachelor Degree in Applied Linguistics and Translation from Universidad de Santiago de Chile and a Diploma in CrossMedia Design (so I can offer DTP). I am a fast and reliable translator and I offer a high quality service. Since most of the documents I translate are of sensitive nature, I have very high confidentiality and security standards and I am able to offer a Non Disclosure
Agreement and/or Confidentiality Agreement upon request.
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