Law 197

Original Language Title: Ley 197

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Read the untranslated law here:

LAW NÂ ° 197 MAMERTO URRIOLAGOITIA H. President constitutional DE LA Repašblica as: the Honorable National Congress has sanctioned the following law: the National Congress DECREES: Arta-culo 1a ° â €"it empowers the Central Bank of Bolivia to grant to the Caja de Seguro Social of railwaymen and branches attached a Pra © loan or advance in current account up to the amount of Bs. 22.000.000. â €" (twenty billion) with the interest © s annual of 4% and a term of ten years, with exclusive destination to the construction of housing for railway workers and branches attached.
Arta-culo 2a ° â €"to its intended purpose, this box may be mortgaged real estate of your property."
Arta-culo 3a ° â €"for the payment of the credit, the lending institution Gozara on the mortgaged property of privileges according the Arta-culos 185 et seq. of the General banking law;!" and, in the case of settlement of the case, such real estate, the mortgage warranty-a matter, remain excluded n of privileges and preferences agreed by law and other regulations in favour of Union members.
Arta-culo 4Â ° â €"for the purposes of this Act and other banking operations, establishes that Social insurance of railwaymen and branches attached box, is institution of private law which meets utility public."
Commune-contact to the Executive for constitutional purposes.
Session of the H. Congress Hall.
La Paz, 20 December 1949.
(Fdo). Waldo Belmonte Pool.a€ "(Fdo)." Luis Ponce Lozada.a€ ' (Fdo). " C. Lopez, Senator Secretario.a€ ' (Fdo). " E monastery, Senator Secretario.a€ ' (Fdo). " Guillermo Alvarez S., Deputy Secretario.a€ ' (Fdo). " Peter Montaño, 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 five decades-as of the month of January of one thousand nine hundred and fifty years.
(Fdo). MAMERTO URRIOLAGOITIA h.€ "(Fdo)." R stop Sua rez.