Central Bank. Tickets. - L. No. 393 Of 27 Nov. 1950.-Will Set New Types Of Banknotes And Coin Fractional. Modif. Article 60 Of The L. Org. Of The Bank And The Cap Ii Of The L. Currency Of 11 Of July
Original Language Title: BANCO CENTRAL. BILLETES.—L. Nº 393 DE 27 NOV. 1950.— SE FIJAN NUEVOS TIPOS DE BILLETES Y MONEDA FRACCIONARIA. MODIF. EL ART. 60 DE LA L. ORG. DEL BANCO Y EL CAP II DE LA L. MONETARIA DE 11 DE JULIO
Read the untranslated law here: http://www.gacetaoficialdebolivia.gob.bo/index.php/normas/verGratis_gob2/52219
LAW NA ° 393 MAMERTO URRIOLAGOITIA H. President constitutional of the Repašblica as: the Honorable Congress national has sanctioned the following law.
THE Congress national DECREES: Arta-culo 1a °. a€ "is modifies the Arta-culo 60 of the law Orga nica of the Bank Central of Bolivia in the following Ta © terms: them tickets of the Bank Central of Bolivia will be n of them following types and denominations: 10,000 Bolivian equal 1,000 Bola-vares 5,000 Bolivian equal 500 Bola-vares 1,000 Bolivian equal 100 Bola-vares 500 Bolivian equal 50 Bola-vares 100 Bolivian equal 10 Bola-vares 50 Bolivian equal 5 Bola-vares 20 Bolivian equal 2 Bola-vares 10 Bolivian equal!!" 1 ball - var Arta-culo 2a °. â €"modifies the layer-chapter II of the currency Act of July 11, 1928, in the following terms: Arta-culo 3a °. â €" minor coins or fractional will be n the following: Bs. 5.a€ "half ball-var, copper, nine dÃ © fine cimos, 30 Mila-meters of day subway, weight 8.5 grams, slotted.!
From Bs. 1.a€ "of copper, nine dÃ © cimos fine, 27 Mila-meters day subway, weight 7 grams, slotted.!"
From Bs. 0.50 Material copper-zinc, Sega º n the current national Acua±acia³n.
Arta-culo 4a °. â €"the Cua±o or type will be the following: obverse: bust of the Liberator Simón ball-var.!"
Reverse: Cerro de Potosí.
Arta-culo 5a °. a€ "all them coins Acua±adas according to the previous specifications will have n value settlement for all Ga © nero of transactions of face character fiscal and particular and the Bank will receive and Hara circular with the same face character of their tickets.!!!!!"
Arta-culo 6a °. â €"a reserve equal to 10% of each issue, that the Central Bank sets the keep in its own bills, the order of the Supreme Government, which will be destined to the pick up of the issue if its circulation at any time exceeding the needs of the market.!!"
Arta-culo 7a °. â €"previously issued coins will keep n his discharge power by the value of its emission and its amount will to the quantities required by the Central Bank.!"
Commune-contact to the Executive for constitutional purposes.
Session of the H. Congress Hall.
Peace, on November 13, 1950.
(Fdo). John Ml. Balcazar.a€ ' (Fdo). " L. launches solar-â €"(Fdo)." C. Lopez, Senator Secretario.a€ ' (Fdo). " P. Saucedo Barbery, Senator Secretario.a€ ' (Fdo). " Julio Crespo, Deputy Secretario.a€ ' (Fdo). " Alberto M. Brito, Deputy Secretary.
THEREFORE: I enacted it is and meets as a law of the Republic.
Government Palace, in the city of La Paz, to the twenty-seven days-as of the month of November of one thousand nine hundred and fifty years.
(Fdo). MAMERTO Urriolagoitia.a€ ' (Fdo). " Julio Alvarado.
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