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
Read the untranslated law here: http://www.gacetaoficialdebolivia.gob.bo/index.php/normas/verGratis_gob2/52037
LAW NÂ ° 266-2 MAMERTO URRIOLAGOITIA H.
Constitutional President of Repašblica because: the Honorable National Congress has sanctioned the following law: the National Congress DECREES: Arta-culo 1a ° â €"author-used to the Central Bank of Bolivia to the Agra-cola Bank of Bolivia, a loan of Bolivians 30,000,000 (thirty million bolivianos) bound for the opening of two agencies indicated Bank in Potosí and Vallegrande; from Bs. 20,000,000 (twenty billion) for the same purpose in the city of Oruro, and Bs. 5,000,000 (five million Bolivians) for the installation of another agency in the city of Camiri.
Arta-culo 2a ° â €"the service of these obligations in your repayment and interest payment is Hara with the proceeds of the Fund's regulation changes that should give the Central Bank of Bolivia to the Agra-cola Bank of Bolivia, pursuant to the law of December 15, 1949, Autoriza moving to the Central Bank of Bolivia to retain deliveries indicated until the total cancellation of these Cra © credits.!"
Arta-culo 3a ° â €"the interest will be set at two percent (2%) for being an investment of building between institutions of the State.
Commune-contact to the Executive for constitutional purposes.
Session of the H. Congress Hall.
Peace, 22 September 1950.
(Fdo). J Ml. BalcÃ zar.a€ '(Fdo.)! L Lance Solares.a€ ' (Fdo). " C. Lopez, Senator Secretario.a€ ' (Fdo). " P. Saucedo Barbery, Senator Secretario.a€ ' (Fdo). " P. Montaño, Deputy Secretario.a€ "unreadable, Deputy Secretary."
Therefore, enacted it is and meets as a law of the Republic, Government Palace, in the city of La Paz, to the two day-as of the month of October of one thousand nine hundred and fifty years.
(Fdo). MAMERTO URRIOLAGOITIA h.€ "(Fdo)." Julio Alvarado.
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