Law 241

Original Language Title: Ley 241

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NO 241

MAMERTO URRIOLAGOITIA H

CONSTITUTIONAL PRESIDENT OF THE REPAsBLICA

For How Much: The Honorable National Congress has sanctioned the following Law:

THE NATIONAL CONGRESS

DECCRETA:

Single-ass.†"Amending the second of Article 102 of the General Law of Banks, the banking institutions of the country are empowered to compute as part of their legal lace up to 35% â€" of the securities referred to in that read 'the' Vales of Customs 1949 'or' Vales Prosecutors 1949 ", referred to in the Supreme Decree of 12 September 1949 (NA ° 1737) and its related, owing the respective titles to be deposited in the Monetary Department of the Central Bank of Bolivia to establish the general rule.

Communicate to the Executive Branch for constitutional purposes.

National Congress session room.

La Paz, December 15, 1949.

(Fdo.) Waldo Belmonte Pool.†"(Fdo.) Luis Ponce Lozada.â €" (Fdo.) C. LAólpez Arce, Senator Secretary. (fdo.) E. Monasterio, Senator Secretary (fdo.) Guillermo Alvarez S., Deputy Secretary. (Fdo.) Ilegiz, Deputy Secretary.

BY TANTO: I enact it so that it has and will comply as Law of the Republic.

Government Palace, in the city of La Paz, at ten days of the month of January of a thousand nine hundred and fifty years.

(Fdo.) MAMERTO URRIOLAGOITIA.â€" (Fdo.) Rafael Parada Sua ¡ rez.