Act 169

Original Language Title: Ley 169

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Read the untranslated law here:

LAW N ° 169 MAMERTO URRIOLAGOITIA H. President constitutional DE LA Repašblica as: the Honorable National Congress has sanctioned the following law: the National Congress DECREES: Arta-culo ° â €"(Se instituye el SEGURO CONTRA EL GRANIZO exclusivamente en beneficio de las zonas vitÃ-colas de la República, a base de los siguientes recursos: a) Bs. 1a 1.a€" about liter of alcohol from cereals and Rod;
(b) Bs. 1.a€ "about litre of brandy fruit and molasses;
(c) Bs. 0.50 on litre of wine;
(d) 15% surcharge on the cadastre of rustic properties of Vita-tails of the Republic;
(e) these taxes be applied n only to the production of spirits, brandies and wines within the provincial Circunscripcia³n considered Vita-cola.
Arta-culo 2a ° â €"the Agra-cola Bank of Bolivia is Hara responsible for the Organization and administration of insurance, creating a special agency section Ma s area Vita-cola or Delegara next to his legal representative, the Central Bank of Bolivia, where it had not Agency itself.!!"
Arta-culo 3a ° â €"to qualify for the benefits of this law, the owner of the farm Vita-cola should pay its annual policy on the basis of 4% of the declared value of their crop."
Arta-culo 4Â ° â €"the taxes collected by the respective tax offices in accordance with the present law, will be n deposited in the Central Bank or Agra-tail of Bolivia each district Vita-cola or at the Agency Ma s next to it, special accounts that is"Insurance against hail"n:. Denominara!!"
Arta-culo 5Â ° â €"as the provinces Nor and Sud Cinti, will open a special account for each one of them in the Agency of the Central Bank of Bolivia in Camargo, assign ndoseles to 50% of the total Recaudación in both provinces."
Arta-culo 6a ° â €"while insurance resources do not reach to cover the total losses corresponding to the insured property, the payments of the Swom is Hara n pro rata in relation to funds raised in the year. Arta-culo 7a ° â €" is authorised the Agra-tail or Central Bank of Bolivia to hire Compaa±a-as national or foreign reinsurance. "
Arta-culo 8a ° â €"for the payment of insurance is taken as basis expertise on the proportion of losses in each property Vita-cola."
Arta-culo 9Â ° â €"the power Executive Reglamentara this law.
Commune-contact to the Executive for constitutional purposes.
Session of the H. Congress Hall.
Peace, 21 December 1949.
(Fdo). Waldo Belmonte Pool.a€ "(Fdo)." P. Ponce Lozada.a€ ' (Fdo). " C. Lopez, Senator Secretario.a€ ' (Fdo). " P. Saucedo Barbery, Senator Secretario.a€ ' (Fdo). " William Alvare, Deputy Secretario.a€ ' (Fdo). " G. Bilbao La Vieja, 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 four decades-as of the month of January of one thousand nine hundred and fifty years.
(Fdo). MAMERTO Urriolagoitiaa€ ' (Fdo). " Rafael stop Sua rez.a€ '(Fdo.)! Agusta-n Benavides.