Law 40

Original Language Title: Ley 40

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law no 40



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


D E C R E T A:

Article 1.- Authorize the Universidad Mayor Real and Pontificia de San Francisco Xavier de Chuquisaca, a

to hire at any credit institution in the country or abroad, a loan up to the sum of twelve thousand dollars or its equivalent in national currency, destined for the acquisition of the founded Villa Carmen, for the School of Agronomy, with guarantees of its own movable property, real estate and the ordinary resources of its budget. The loan may be partially or fully placed according to your needs.

Article 2.-The operation of any national, departmental or municipal tax is exonerated.

Contact the Executive Branch for the purposes

The meeting room of the H. National Congress.

La Paz, November 17, 1960.

Fdo. Mario Torrez C., President of the National Senate, E. Ayala Mercado, President of the H. Chamber of Deputies, Ciro. Td., Senator Secretary, Alberto Lavadenz, Senator Secretary, Horacio Torres G., Deputy Secretary, Armando Mollinedo, Deputy Secretary.

Therefore, I enact it so that it has and will comply as the Law of the Republic.

Palace of Government in the city of La Paz, at the twenty-three days of the month of December of a thousand nine hundred and sixty years.

FDO. VICTOR PAZ ESTENSSORO, A. Cuadros Sánchez, Minister of Finance and Statistics.