law of October 31, 1957
HERNAN MISSILES ZUAZO
CONSTITUTIONAL PRESIDENT OF THE REPAsBLICA
BECAUSE: The Honorable National Congress has sanctioned the following Law:
ArtA-arse 1A ° â€ " DeclAs the rights of all the mining property dealers that would not have paid the respective patents until the second half of the year 1953 have been evicted.
ArtA-arse 2A ° â€ " The expiration of all mining concessions, which even if they had their patents attached to the dA-a, would have been abandoned for ten consecutive years. The mines that would not have delivered the products of their exploitation to the Mining Bank of Bolivia are rejected.
ArtA-culo 3A ° â€ " The eviction and the expiration established in this Law will not be subject to the proposed limits in the Code of MinerA-a and the properties will revert to the rule of the State without any other formality.
ArtA-arse 4A ° â€ " The Executive Branch will regulate this Law.
The meeting room of the H. National Congress.
La Paz, 28 de October 1957.
(Fdo.) Federico Alvarez Plata, President of the National Senate. â€ "Juan Sanjináns Ovando, President of the H. CA of Diputados.â €" Ciro Humboldt B., Senator Secretario.â€ "Heberto AA ± ez, Senator Secretario.â€" Joáll Balderrama, Deputy Secretario.â€ " Gil Coimbra, Deputy Secretary.
Government Palace, in the city of La Paz, at the thirty-one day of October of a thousand nine hundred and fifty-seven years.
(Fdo) HERNAN SILES ZUAZO.â€ " JosÃ© F. del Solar AlemÃ ¡ n, Minister of Mines and Petroleum.