law of December 27, 1958
HERNAN MISSILES ZUAZO
CONSTITUTIONAL PRESIDENT OF THE REPAsBLICA
For How Much: The Honorable National Congress has sanctioned the following Law:
ArtA-culo 1A ° â€ " AutorA-zase à la Prefectura y alcaldA-a Municipal de Sucre, la contrataría de un empra stito en los bancos nacional o extranjeros o en entities de crédito del exterior, hasta la sum of five hundred thousand dollars or its equivalent in national currency, with the garantA-a of the departmental and municipal taxes, as of the actions that the mayor has-to Municipal in the FA of Cement.
ArtA-ass 2A ° â€ " The amortisation will be to a maximum period of fifteen years up to 4% per year.
ArtA-arse 3A ° â€ " The funds will be administered by the Department of Public Works, the same as that which will have a qualification and a plan of application of the resources, giving preference to productive investments, solution of the Energy problem-electrical power and lighting and demA's departmental public works.
Communicate to the Executive Branch for constitutional purposes.
Session of the H. National Congress.
La Paz, December 19, 1958.
(Fdo) .â€ "Federico Alvarez Plata, President of the National Senate. â€" Germá ¡ n Quiroga Galdo, President of the H. CA of Diputados.â € "Carmelo Cuellar J., Senator Secretario.â€" Alberto Lavadenz R., Senator Secretario.â€ " Raüsl Murillo and Aliaga, Deputy Secretary-arâ € " Fuad Mujaes, Deputy Secretary.
FOR TANTO: I enact it so that it has and will comply with the Law of the Republic.
Palace of Government, in the city of La Paz, at the twenty-seventh day of December of a thousand nine hundred and fifty-eight years.
(Fdo) .â€ " HERNAN MISSILES ZUAZO, Constitutional President of the Republic.