Key Benefits:
law of December 11, 1948
HOTEL "COCHABAMBA". †" Declare free of all taxation transfers of goods, furniture and others, which constitute it.
ENRIQUE HERTZOG G.
PRESIDENT CONSTITUTIONAL OF THE REPAsBLICA
For how much: the National Congress has sanctioned the following Law:
THE NATIONAL CONGRESS
DECCRETA:
ArtA-ass 1A ° †" They are declared free of all lien imposed and expressly exonerated, all transfers of goods, furniture, buildings and investments that currently constitute the GRAN HOTEL "COCHABAMBA", located in the region of "La Recoleta" of the city of Cochabamba, until they integrate the asset of the Society Anónínima, which must be organized on the basis of
ArtA-arse 2A ° †" In general, any transfer of goods, furniture or buildings with exclusive destination to the organization of hotel companies with a capital of more than Bs. 5,000,000,â€" (five million Bolivians) is left released from the transfer tax payment.
Communal-to Power Executive for Constitutional Purposes.
Meeting Room of the H. National Congress.
Peace, December 3, 1948.
M, Urriolagoitia.â € "A. LandA-var Ribera.â €" O. Gutierrez, S. S. â € "C. LAólpez Arce, S. S. â €" A. Quezada A., D. S. â € " D. Imaà ± a Monterrey, D. S.
Therefore, I enact it so that it is and will comply with the Law of the Republic.
Palace of Government, in the city of La Paz, at the eleven days of December of a thousand nine hundred and forty-eight years.
E. HERTZOG.†" Jos᩠Romero Loza.