Read the untranslated law here: https://www.vestnesis.lv/op/2013/97.4
The Saeima has adopted and the President promulgated the following laws: the law of bills of Exchange to make bills of Exchange Act (laws and regulations storage, 1938, no. 38; The Republic of Latvia Supreme Council and Government Informant, 1992, 37./38.nr.; Latvian journal 2010, 68 no). the following amendments: 1. Supplement article 1, first paragraph, paragraph 6 with the following sentence: "the legal entity specifies its name, registered office and registration number." 2. the second paragraph of article 48: make the second sentence as follows: "the discount is calculated by applying the legal interest rate." Add to part with the third sentence by the following: "If the Latvian Bank refinancing rate exceeds the statutory interest rate then applicable recourse procedures in force at the date of the Latvian Bank refinancing rate." 3. Add to article 75 of the third subparagraph of paragraph 7 with the following sentence: "the legal entity specifies its name, registered office and registration number." 4. To supplement the law with the second chapter of "A" the following: "second chapter" A "electronic bill of Exchange Bill of Exchange is the electronic securities 78.1 which gives its holder the right to claim from the employer or the akceptētāj Bill to pay certain amount of money in a particular time and place and is designed according to the development of electronic documents and the laws governing the design requirements. 78.2 electronic bill must: 1) designation, which made that the Act is an electronic bill. The sign shall be expressed in the language in which the Act is written; 2) unconditional promise to pay a certain sum of money; 3) terms of payment; 4) payment site designation. Electronic bill payment site indicate the full address, and, if the Bill of exchange payment in electronic banking, bank name, and account number; 5) the name of the person, the name and code of the person to whom or to which the payment is to be made of the orders. If the person does not have a social security number, the birth year, month, day, and location. A legal person shall indicate the name, registered office and registration number; 6) at the time of signature of the electronic bills. Electronic bill signing time is a time stamp date and time; 7) secure electronic signature. 78.3 electronic bill of Exchange document on State duty payment. 78.4 which act is missing a of this law provided for in article 78.2 ingredients or that is not attached to this law, the document referred to in article 78.3 on State duty payment, not force. 78.5 electronic bill of Exchange to the injunction to apply, with the exception of the provisions on: subscribe trasant (p. 1 part two), adoption (acceptance) (21. p. the second part and the second part 25. p.), duplicates (64-66 p.). 78.6 all markup, writing and approval of electronic designs and add a bill of Exchange according to the regulations on electronic document production and design or as a separate file, which together with the electronic signature Bill. electronic bill of 78.7 responds in the same way as the maker of the injunction. " 5. Supplement article 80 with the third subparagraph by the following: "electronic bill of exchange protest acts as an electronic document shall be drawn up in accordance with this Act and the electronic development and designing regulatory laws and requirements." 6. To supplement the law with article 80.1 as follows: 80.1 a written request "draw protests and draft bill submitted to the notary or his agent. Request to do electronic bill of exchange protest can be submitted electronically to the notary to sign the request with a secure electronic signature and adding time stamp. " 7. Add to the third subparagraph of article 81 to the sentence the following wording: "the Protest statement, drawn up as an electronic document, the notary signature with a secure electronic signature and add a time stamp. Following the protests of the date and time is the time stamp in the specified date and time. " 8. To supplement the law with article 82.1 as follows: "an act of Protest that 82.1 drawn as an electronic document under this Act and the electronic development and designing regulatory laws and requirements are presented as separate files, which together with the electronic signature Bill." 9. Make the following article 87:87. "Protest bill of Exchange Act and the certified copy of the Bill of exchange protest act kept the book. Electronic bill of exchange protest act shall prepare and keep a paper copy of the electronic bill of Exchange certified, and electronic copies of the Bill of exchange protest legislation. " The Saeima adopted the law on 9 may 2013. The President a. Smith in 2013 on May 22.
Search Translated Laws of Latvia