Banco Agricola. - Agencies. - L. No. 266-2 Of 2 Ocbre. 1950 - Authorized A Loan Of 55 Million Bs For Founding Agencies In Potosí, Oruro, Vallegrande And Camiri. Ref: L. 15 Dec. 1949

Original Language Title: BANCO AGRÍCOLA.— AGENCIAS.—L. Nº 266-2 DE 2 OCBRE. 1950. —AUTORIZA UN EMPRÉSTITO DE 55 MILLONES DE BS PARA FUNDAR AGENCIAS EN POTOSÍ, ORURO, VALLEGRANDE Y CAMIRI. REF: L. 15 DIC. 1949

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NO 266-2

MAMERTO URRIOLAGOITIA H.

CONSTITUTIONAL PRESIDENT OF THE REPAsBLICA

For how much: the Honorable National Congress has sanctioned the following Law:

CONGRESS NATIONAL,

DECCRETA:

ArtA-arse 1A ° †"AutorA-zase to the Central Bank of Bolivia to grant Banco Agra-cola de Bolivia, a loan of Bolivians 30,000,000 (thirty million Bolivians) to the opening of two agencies of the indicated Bank in PotosA-and Vallegrande; of Bs. 20,000,000 (twenty million Bolivians) for the same purpose in the city of Oruro, and for Bs. 5,000,000 (five million Bolivians) for the installation of another agency in the city of Camiri.

ArtA-Aculo 2A ° †"The service of these obligations in its payment of amortisation and interest will be made with the resources from the Fund of Change Regulations to be delivered by the Central Bank of Bolivia to the Banco Agra-cola of Bolivia, in accordance with the provisions of the Law of 15 December 1949, Authorize the Central Bank of Bolivia to withhold the indicated deliveries to the total cancellation of these crimes.

ArtA-arse 3A ° †"The interest will be set at two percent (2%) as it is an investment of promotion between state institutions.

Communal-be to the Executive Branch for constitutional purposes.

The sessions of the National Congress.

La Paz, 22 September 1950.

(Fdo.) J. Ml. BalcA zar.†"(Fdo.) L. Lanza Solares.â €" (Fdo.) C. LAólpez Arce, Senator Secretario.†"(Fdo.) P. Saucedo Barbery, Senator Secretario.â€" (Fdo.) P. Montano, Deputy Secretary-General, € " Ilegible, Deputy Secretary.

BY TANTO, the to have and comply with the Law of the Republic,

Palace of Government, from the city of La Paz, to the two days of October of a thousand nine hundred and fifty years.

(Fdo.) MAMERTO URRIOLAGOITIA H. â € " (Fdo.) Julio Alvarado.