Law On Extension Of The Period Of Verification Of The Social Economic Function.

Original Language Title: LEY DE AMPLIACIÓN DEL PLAZO DE VERIFICACIÓN DE LA FUNCIÓN ECONÓMICA SOCIAL.

Read the untranslated law here: http://www.gacetaoficialdebolivia.gob.bo/index.php/normas/verGratis_gob2/153340

Law No. 740 law of 29 September 2015 EVO MORALES AYMA President constitutional of the PLURINATIONAL State of BOLIVIA, by how much, the plurinational Legislative Assembly, has sanctioned the following law: the Assembly Legislative PLURINATIONAL, DECREES: law of extension of the term by verification of the function economic SOCIAL article 1. (OBJECT). This law aims to establish exceptional within five (5) years in the verification of the Social economic function, applicable in proceedings reversion of agricultural property.
Article 2. (PURPOSE). This law aims to ensure the sovereignty and food security, encouraging production and investments in the agricultural sector.
Article 3. (EXCEPTIONAL TERM).
I establishes exceptional within five (5) years for the verification of the Social economic function in processes of reversion, computable from the entry into force of this law, for properties with degree ejecutorial or certificate of sanitation in property rights.
II. in the case of parcels with a total breach of the Social economic function or breach of the strategic program of production of food and restoration of forests, will be enabled the reversal procedure.
Refer to the Executive Body for constitutional purposes.
Two thousand and fifteen is given in the room sessions of the Assembly Legislative plurinational, to the seventeenth day of September in the year.
FDO. José Alberto Gonzales Samaniego, Victor Ezequiel Borda Belzu, Ruben Medinaceli Ortiz, Maria Argene Simoni Cuellar, Nelly Lenz Roso, Erik Moron Osinaga.
I therefore enacted it is and meets as a law of the plurinational State of Bolivia.
City of Montero of the Santa Cruz Department, twenty-nine days of the month of September in the year two thousand and fifteen.
FDO. EVO MORALES AYMA, Luis Alberto Arce Catacora Minister of economy and finance and interim President, Cesar Hugo Cocarico Yana, Maria Alexandra Moreira Lopez.