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.

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LAW 740

SEPTEMBER 29, 2015 LAW

EVO MORALES AYMA

CONSTITUTIONAL PRESIDENT OF THE PLURINATIONAL STATE OF BOLIVIA

For the Plurinational Legislative Assembly, has sanctioned the following Act:

THE PLURINATIONAL LEGISLATIVE ASSEMBLY,

DECRETA:

VERIFICATION DEADLINE EXTENSION ACT

OF THE SOCIAL ECONOMIC FUNCTION

Article 1. (OBJECT). This Law is intended to establish the exceptional period of five (5) years in the

verification of the Social Economic Function, applicable in procedures for reversion of the agrarian property.

Article 2. (PURPOSE). This Law is intended to ensure Sovereignty and Food Security,

encouraging production and investments in agriculture.

Article 3. (EXCEPTIONAL PERIOD).

I. An exceptional period of five (5) years is established for the verification of the Social Economic Function in processes of

reversion, computable from the validity of this Law, for properties with an implementing title or certificate of

II.

II.

II. In cases of pregod with total non-compliance with the Social Economic Function or with non-compliance with the Program

Strategic Food Production and Restitution of Forests, will enable the reversal procedure.

Remit to the Organ Executive for constitutional purposes.

It is given in the Session Room of the Plurinational Legislative Assembly, at seventeen days of the month of

September of the year two thousand fifteen.

Fdo. Jose Alberto Gonzales Samaniego, Victor Ezequiel Borda Belzu, Ruben Medinaceli Ortiz, Maria Argene

Simoni Cuellar, Nelly Lenz Roso, Erik Moron Osinaga.

Therefore, I enact it so that it has and complies with the law of the State. Plurinational of Bolivia.

City of Montero of the department of Santa Cruz, at the twenty-nine days of the month of September of the year two thousand

fifteen.

FDO. EVO MORALES AYMA, Luis Alberto Arce Catacora MINISTER OF ECONOMY AND FINANCE

PUBLIC AND INTERIM PRESIDENT OF THE PRESIDENCY, Cesar Hugo Cocarico Yana, Maria Alexandra Moreira Lopez.