Credits Banking. - Is Declared The Moratorium For The Payment Of These In The Districts Of Trinidad, Fencing, And Marbán.

Original Language Title: CREDITOS BANCARIOS.—SE DECLARA LA MORATORIA PARA EL PAGO DE ÉSTOS EN LOS DISTRITOS DE TRINIDAD, CERCADO Y MARBÁN.

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$20 per month, or Get a Day Pass for only USD$4.99.

June 12, 1947 law

BANK CREDITS.†" The moratorium is declared for the payment of costs in the districts of Trinidad, Cercado and Marbà n.

ENRIQUE HERTZOG G.

CONSTITUTIONAL PRESIDENT OF THE REPAsBLICA

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

THE H. NATIONAL CONGRESS

DECCRETA:

ArtA-culo lo.†" The moratorium on the payment of bank loans, Cajas Autonomomas, commercial houses and lending institutions for the term of a year in Trinidad and provinces of the Cercado and Marbà n, was declared, extending the benefit of this measure to all farmers and industrialists who have their works established in the RA-or MamorA©, from the confluence of the RA-or Grande to the mouth of the RA-or Yacuma.

ArtA-culo 2o.†" The judicial actions that would have been dealt with for the non-compliance of such obligations, by the creditor credit institutions, will be suspended for all the time expressed.

Article 3o†" The moratorium will be governed according to the legal requirements in force.

Executive branch for constitutional purposes.

H session room National Congress.

Peace, May 31, 1947.

M. Urriolagoitia.†"Josá© Antonio Arze.â€" Angel Mendizà ¡ bal, Senator Secretario.†"M. Mogro Moreno, Senator Secretario.â€" H. Bohálírquez, Diputado Secretario.†" M. J. Justiniano, Deputy Secretary, ad hoc.

FOR TANTO: I enact it so that it has and complies with the Law of the Republic.

Palace of Government, in the city of La Paz, at the twelve days of June of a thousand nine hundred and forty-seven years.

E. HERTZOG GA. Molina.