Read the untranslated law here: http://www.gacetaoficialdebolivia.gob.bo/index.php/normas/verGratis_gob2/47601
LAW Emprestito.a€ "will engage the sum of four billion, for several works of the University"Gabriel RenÃ © Moreno"Santa Cruz.!"
ENRIQUE PEA'ARANDA C. President constitutional DE LA Repašblica since, Congress has sanctioned the following law: the National Congress, DECREED: Arta-culo 1a °. â €"the Executive Branch, or failing that the University"Gabriel RenÃ © Moreno"de Santa Cruz, engage in the Central Bank of Bolivia, an Empra © stito by the sum of four millions of BOLIVIANS (Bs. 4,000,000. â €" ") as extension of loans contracted in the Bank itself! by laws of June 13, 1931, 21 October and 15 December 1933, Decree of December 10, 1937, and on 4 October 1939, with the same warranty-as set out in these provisions and contracts, as well - as the percentages of interest and repayment referred to in those provisions.
Arta-culo 2a °. â €"the product A-ntegro this Empra © stito will be invested for the benefit of the University"Gabriel RenÃ © Moreno", with the following applications: construction of the auditorium with all its dependencies, amenities and services?..!"
BS. 1.200.000. â €"Faculty of Agronomy-a." Acquisition of a farm, construction of the building, with all its dependencies and services...
"1,200,000. â €" Faculty of veterinary medicine. Construction of its building, with its dependencies?
"800,000. â €" Faculty of dentistry-a. Acquisition of instruments and teaching useful?.
"200,000. â €" Faculty of pharmacy. Acquisition of A second tiles and teaching material?
"50,000. â €" technological school. Acquisition of more machines, to laptops and working material?! "250,000. â €" Conservatory of music. Acquisition of instruments, to laptops and working material?... "100,000. â €" are: Bs. 3.800.000. â €"are: Bs. 3.800.000. â €" School of drawing and painting. Acquisition of A second tiles and working material?...
"50,000. â €" School of nurse-a and obstetrics. Instrumenal, to purchase laptops and materials?... "50,000. â €" Rector's Office and administrative offices. Various acquisitions? ...
"100,000. â €" sum?... BS. 4,000,000. â €"Arta-culo 3a °. â €" the payment of interest, six per cent per annum, and repayment, four per cent also © n annual, will be served with the product A-ntegro of income referred to in the Arta-culo 1a ° of the law of 13 June 1931, i.e., taxes on spirits and alcohols produced in the Department of Santa Cruz.
Arta-culo 4a °. â €"the Central Bank of Bolivia, brought the functions of trustee of the Empra © stito, may at any time make efforts conducive to the proper application of the funds."
Arta-culo 5a °. â €"all resources affected to this Empra © stito custom raised by the Bureau of internal revenue, or the fiscal entity responsible for its collection, will be deposited n in the Central Bank, in a special account." The Bank, as the trustee shall have right to direct Recaudación of incomes affected should not be made the deposits in accordance to the present Empra © stito.
Arta-culo 6a °. â €"expenses of the © stito Empra, administration and all those that have to incur the trustee for the performance of their duties, will be served n with the funds collected and deposited in the Central Bank of Bolivia."
Arta-culo 7a °. â €"the trustee, will annually one per thousand on the total amount of the Empra © stito during the term of its services.!"
Arta-culo 8a °. â €"University"Gabriel RenÃ © Moreno", you will have the power to ensure the strict Recaudación and the due deposit of rents affected the present Empra © stito." The investment of these resources from the Empra © stito will be made according to this law and in accordance with the Arta-culo 159 of the Pola-tica Constitution of the State.
Arta-culo 9a °. â €"the execution of the works mentioned in the Arta-culo 2a of this law, be Hara by administration, or by contract, in accordance with the legal provisions guaranteeing this kind of work, with the intervention of the respective Board of University auctions, in cases that the law points out."
Arta-culo 10a °. â €"If after © s of the complete execution of work defined in the 2a ° Arta-culo, were leftovers in some headings, may University"Gabriel RenÃ © Moreno"make transfers of items to complete those other works that lack of resources had not been Conclua - das.!" If even any surplus may be used in the improvement of the premises, facilities and services of the same University.
Commune-that will to power Executive, for constitutional purposes.
Session of the H. Congress Hall.
La Paz, 27 November 1941.
A Galindo.a€ "Jorge Araoz C.a€" Gasta³n Muja-a, Senator Secretario.a€ "Julio CA © guests aa±ez, Senator Secretario.a€" Carlos WÃ ter Urquidi, Deputy Secretario.a€ "Adolfo Aponte, Deputy Secretary, ad hoc."!
I therefore enacted it so you have and observe as the law of the Republic.
Government Palace in the city of La Paz, to the nine days-as of the month of December of nineteen hundred years cuarentiun.
GRAL. PEA'ARANDA. â €"Joaqua-n sword."
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