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Section 37. Upon the expiration of the term established in section 3 of these Bylaws if such term is not extended or in the event of its early dissolution, the company shall commence its liquidation, which shall be performed by the members of the Board then in office, under the supervision of the Statutory Audit Committee. A Meeting of Shareholders may, however, adopt resolutions on the liquidation of the company in the manner determined by such Meeting and in accordance with applicable laws then in effect.