Financial Institutions Law 21526 - Regulation - Full Text Of The Norm

Original Language Title: ENTIDADES FINANCIERAS LEY 21526 - REGLAMENTACION - Texto completo de la norma

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image inicio sitio infoleg MInisterio de Justicia y Derechos Humanos
FINANCIAL ENTITIES Decree 2076/93 Rule 56 of Act No. 21.526.

Bs. As., 8/10/93

VISTO file No. 002A/199/1993 of the Register of the CENTRAL BANCO of the ARGENTINA REPUBLIC and Law 21.526, as amended by Law 24.144, and

CONSIDERING:

That there are contradictory interpretations regarding the treatment of the regime of guarantee of deposits constituted in entities covered by law 21.526.

That the obligation that as a guarantor assumed the BANCO CENTRAL OF THE ARGENTINA REPUBLIC under the terms of Article 56 of Law 21526, prior to the validity of Law 24.144, did not derive from the bank deposit contract but from the law, and that the same -imposed for the purposes of regulation of the financial system - did not aim to ensure the payment of a specific obligation directed to a specific creditor,

That, therefore, it is necessary to regulate the aforementioned norm - for pending claims- whose operation depends on the existence of a real and genuine deposit and one of the mere possession of any of the supporting titles invoked for its application.

To that end, in the use of the powers that article 86, paragraph 2, of the NATIONAL CONSTITUTION confers on the NATIONAL EXECUTIVE POWER, it is appropriate to regulate article 56 of Act No. 21,526 concerning the aforementioned guarantee regime.

Therefore,

THE PRESIDENT OF THE ARGENTINA NATION

RIGHT:

Article 1 Artículo The obligation to guarantee the deposits established by article 56 of Law 21.526 prior to the validity of Law 24.144 shall be subject to strict compliance with the following requirements in order to establish the full certainty and genuinity of each of the deposits concerned: (a) that the same depositors display material and formally valid securities; (b) justify the origin and availability of the funds deposited with records

Art. 2o o Contact, post, give to the National Directorate of the Official Register and archvese.. MENEM. . Domingo F. Cavallo.