Authorizes The Municipality Of The Island Of Maipo To Contract With The Bank Of The State' S State Of Chile Or Other Credit Institutions Or Individuals A Companyto Produce Up To The Sum Of

Original Language Title: AUTORIZA A LA MUNICIPALIDAD DE ISLA DE MAIPO PARA CONTRATAR CON EL BANCO DEL ESTADO DE CHILE U OTRAS INSTITUCIONES DE CREDITO O PARTICULARES UN EMPRESTITO QUE PRODUZCA HASTA LA SUMA DE E° 10.000

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" Article 1. Authorize the Municipality of Maipo Island with the Bank of the State of Chile or other credit institutions or individuals to produce up to the sum of E ° 10,000, to the current bank and with an amortization thereof accumulative of extinguishing the debt within the maximum period of five years.
Invoice the relevant credit institution to take on this loan to the effect that the restrictive provisions of their respective organic laws will not be governed.