Decree Of 12 February 2001

Original Language Title: Decreto de 12 de fevereiro de 2001

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.

DECREE OF February 12, 2001

Authorizes the increase in the social capital of VALEC-Engineering, Constructions and Ferrovias S.A.

THE PRESIDENT OF THE REPUBLIC, in the use of the attribution that confers you the art. 84, inciso IV, of the Constitution, and in view of the provisions of art. 4º of Decree-Law No. 1,678 of February 22, 1979,


Art. 1º It is authorized to increase the social capital daVALEC-Engineering, Construction and Ferrovias S.A. of R$ 674.631.591, to 69 (six hundred and seventy-four million, six hundred and one thousand, five hundred and ninety and one real and sixty-nine cents) to R$ 693,542,923.58 (six hundred and ninety and three million, five hundred and forty-two thousand, nine hundred and twenty-three reais and fifty-eight cents), upon incorporation of Union credits, worth R$ 18.911.331, to 89 (eighteen million, nine hundred and eleven thousand, three hundred and thirty-one real and eighty-nine cents).

Art. 2º This Decree goes into effect on the date of its publication.

Brasilia, February 12, 2001 ; 180º of Independence and 113º of the Republic.


Pedro Malan

Eliseu Padilha