Law Monetary Of Them United States Mexican

Original Language Title: Ley Monetaria de los Estados Unidos Mexicanos

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Monetary Law of the United Mexican States

MEXICAN UNITED STATES MONETARY LAW

Official Journal of the Federation July 27, 1931

Last Reform Published DOF January 20, 2009

On the sidelines is a stamp that says: Federal Executive Branch.-United Mexican States.-Mexico.-Secretariat of the Interior.

The C. Constitutional President of the United Mexican States, the following Law has been addressed:

"PASCUAL ORTIZ RUBIO, Constitutional President of the United Mexican States, to its inhabitants, known:

What the H. The Union Congress has had the right to issue the following Law:

The Congress of the United Mexican States, decrees:

MEXICAN UNITED STATES MONETARY LAW

CHAPTER I

From the Currency and its Legal Regime

Article 1.- The unit of the Mexican monetary system is the peso, with the equivalence that will be indicated by law later.

Article 2.- The only circulating coins will be:

a). The banknotes of the Bank of Mexico, S. A., with the names to be set by its statutes;

b). The metal coins of fifty, twenty, ten, five, two and one pesos, and fifty, twenty, ten, and five cents, with the diameters, metallic composition, cones and other characteristics that point out the relative decrees.

When the relative decrees provide for optional alloys for the composition of the metallic coins, the Secretariat of Finance and Public Credit, at the request of the Bank of Mexico, determine its metallic composition by pointing to one of the alloys set out in the respective decree or by replacing the one indicated by another one.

The Secretariat of Finance and Public Credit will publish in the Official Journal of the Federation the resolutions in which the alloy will be determined to be used in the composition metal of the coins in question.

c). The metallic coins commemorating events of national importance, in platinum, in gold, in silver or in industrial metals, with the diameters, laws or metallic compositions, weights, cocks and other characteristics that the decrees indicate relative.

d). (Repeals).

e). (Repeals).

Article 2º Bis.- They will also be part of the system, the metallic coins, minted in gold and silver, whose weight, basket, law and other characteristics point out the decrees relative.

These currencies:

I.- They will be legal tender for the equivalent in pesos of their daily quotation;

II.- They will have no nominal value;

III.- They will express their fine metal content; and

IV.- They shall have the discharge of the obligations referred to in the second paragraph of Article 7o. Such release power will be unlimited in terms of the number of parts to be delivered in the same payment.

The Bank of Mexico will determine on a daily basis the quotation of these currencies, based on the international price of the fine metal contained therein.

The Bank of Mexico, directly or through its correspondents, will be obliged to receive these coins, at its value, in exchange for these coins. and metallic coins of those mentioned in the article 2o. of this law.

Article 3.- The cash payments of national currency obligations, the amount of which includes fractions of the monetary unit that are not multiples of five cents, shall be made by adjusting the amount of the payment, to the multiple of five cents nearest to that amount. amount.

Payments that do not involve cash delivery will be made in the exact amount of the obligation.

Article 4.- The banknotes of the Bank of Mexico shall be free of unlimited release and must contain one or more features that allow the identification of the names of the blind persons.

Article 5.- The metal coins referred to in points (b) and (b) of the Article 2o. of this law, they will have limited release to the value of one hundred pieces of each denomination in the same payment.

The aforementioned coins must be minted in such a way that they are identifiable by the blind persons.

Article 6.- The public offices of the Federation, of the States and of the Municipalities, shall be obliged to receive the coins referred to in the article above, without limitation, in payment of any kind of taxes, services or rights.

Article 7.- The payment obligations of any sum in Mexican currency will invariably be denominated in pesos and, if applicable, their fractions. Those obligations shall be settled by the delivery, at face value, of banknotes of the Bank of Mexico or of the metal coins referred to in Article 2o.

However, if the debtor proves that he received the creditor's currencies from those mentioned in Article 2o. (a) may settle its obligation by delivering coins of the same class in accordance with the quotation of the same class for the day on which the payment is made.

Article 8.- The foreign currency will have no legal tender in the Republic, except in cases where the Law expressly determines otherwise. Foreign currency payment obligations incurred in or out of the Republic to be fulfilled in this Republic shall be sold by giving the equivalent in national currency, at the rate of exchange on the place and date on which the payment is made.

This exchange rate will be determined in accordance with the provisions that the Bank of Mexico will issue in the terms of its Organic Law.

Foreign currency payments originated in situations or transfers of funds from abroad, which are carried out through the Bank of Mexico or Credit Institutions, must be completed by delivering the currency, which is the subject of such transfer or situation. This is without prejudice to the fulfilment of the obligations imposed by the Exchange Control regime in force.

The obligations referred to in the first paragraph of this Article, originating in irregular bank deposits constituted in foreign currency, shall be settled in accordance with the provided for in that paragraph, unless the debtor has expressly obliged to make the payment in respect of foreign currency, in which case he shall deliver this currency. The latter form of payment may be established only in cases where the competent banking authorities authorize it, by means of general rules to be published in the Official Journal of the Federation, without prejudice to the compliance with the obligations imposed by the change control regime in force.

Article 9º.- The preemptions of the two previous articles are not renountable and any stipulation to the contrary will be null.

Article 10.- Perforated or trimmed parts, which have marks or passwords and which are vestiges of non-cash uses, shall be legal tender and shall not be admitted to public offices.

It is prohibited to alter or transform the metallic coins into circulation, by casting or any other procedure, which are intended to take advantage of their metallic content. The offenders will be administratively sanctioned by the Secretariat of Finance and Public Credit with a fine of up to the value of the metal contained in the altered or transformed pieces. The amount of the corresponding fine shall be fixed by hearing the Bank of Mexico and taking into account the value and number of the parts used, the destination that has been given or intended to give to the currencies or their components, the utility perceived by the Bank of Mexico. infringer, the peculiar circumstances of this and the damage produced to the monetary circulation.

The prevention of the previous paragraph regarding the use of the metallic content of the pieces is not applicable to the Bank of Mexico.

CHAPTER II

Currency Issue

Article 11.- The issuance of banknotes from the Bank of Mexico shall be in accordance with the provisions of this law and the Constitution of that institution.

Article 12.- It will be for the Bank of Mexico to order the minting of coins as required by the monetary needs of the Republic and strictly within the limits of those needs.

Article 13.- The Bank of Mexico will only be able to order the manufacture of metallic currency to those previously authorized by the Secretariat of Finance and Public Credit.

CHAPTER III

From Monetary Reserve

Article 14.- The Monetary Reserve will consist of the following resources:

a). Those who integrate it when it is issued this law.

b). The silver contained in the old coins of a weight and of fifty, twenty and ten cents, removed from the running of this law.

c). The portion of the Bank of Mexico utilities that the respective law points out.

d). The difference between the cost and the monetary value of the fractional coins that are coined.

e). The product of the loans that are contracted for the increase of the Reserve.

f). The sum that is allocated annually by the Federation's Budget for that object.

The Monetary Reserve will also correspond to all the increases it has, either because of the increase in the value of its assets, or because of the benefits it reaches in the operations that it will achieve. your account is practiced.

Article 15.- The Monetary Reserve will be used exclusively to sustain the value of the national currency, and to regulate its circulation and foreign exchange.

Article 16.- The resources that constitute the Monetary Reserve, in the terms of Article 14 of this Law, will be considered for their commercial value in the states and balances that the Bank of Mexico will publish in accordance with its Constitutive Law.

CHAPTER IV

Security in Monetary Circulation

Article 17.- It is prohibited to imitate or reproduce in whole or in part, metal or banknotes, national or foreign, in labels, vignettes, advertisements or in any other way, except in those cases in which the Secretariat of Finance and Credit Public, previously hearing the Bank of Mexico, expressly authorize it, because it is images of coins that lack suitability to deceive, that do not lead to or can lead to the falsification of these pieces, nor, in general, affect the security of monetary circulation.

The marketing of unauthorized reproductions or imitations is also prohibited.

People who contravene the provisions of this article will be administratively sanctioned by the Secretariat of Finance and Public Credit, with a fine of up to one million pesos. The amount of the respective fine shall be fixed by hearing the Bank of Mexico and taking into account the number of the imitations or reproductions, the effects of these on the security of the monetary circulation, the usefulness perceived by the infringer and the circumstances of this.

Article 18.- The manufacture of domestic or foreign parts which have had the character of banknotes or metallic coins shall be prohibited. The violators will be administratively sanctioned by the Secretariat of Finance and Public Credit, hearing from the Bank of Mexico, with a fine of up to a maximum of the market value of the pieces reproduced, or if they do not exist, of the value that the Secretariat itself.

The Bank of Mexico, with the authorization of the Secretariat of Finance and Public Credit, will be able to manufacture Mexican parts of those mentioned in the previous paragraph.

Article 19.- When there is a presumption that a national or foreign currency is false or has been altered, your holder may ask the Bank of Mexico, directly or through any credit institution in the country, to verify these circumstances, against the delivery of the receipt. In the event that such a request is made through a credit institution, it shall refer to the Bank of Mexico, in the terms that it points out and within a period not longer than one working day, counted from the date of its receipt, the pieces that are delivered to you for analysis.

When the pieces are authentic, they will be returned to their holder; if, on the contrary, they are false, they are altered or the authenticity of the pieces could not be determined, Bank of Mexico will immediately proceed to give immediate part to the competent authorities, making them available for the corresponding insurance.

Article 20.- If the currencies against which there is a presumption that they are false or have been altered, they come to the power of a credit institution by means different from that provided for in the previous article, that institution, as auxiliary of the Public Ministry and of the Judicial Police, must immediately give part to the competent authorities, putting the respective pieces at their disposal. The aforementioned authorities must send to the Bank of Mexico, for analysis, the pieces that are the object of the investigation or instruction, leaving them to the care and under the responsibility of the latter.

When, as provided for in this Article, the currency is secured, your holder shall have the right to have the respective credit institution extend a receipt to you. provisional receipt of the items concerned, as long as the competent authority gives the final receipt, through the institution itself, to the competent authority.

The character of the auxiliary of the Public Ministry and the Judicial Police, which is attributed to the credit institutions, is exclusively for the purposes stated in this article. Article.

Article 21.- The penalties provided for in this law shall apply without prejudice to the responsibilities resulting from any or all of the unlawful acts provided for in the Criminal Code for the Federal District in the Matter of Common Fuero and for the entire Republic in Matter of Federal Fuero.

CHAPTER V

De-monetization

Article 22.- For the proper integration of the monetary system, according to the needs of the public and the duration and cost of the related materials, the Bank of Mexico will be able to replace the banknotes that are part of this system by new or new stop issuing those of a certain name.

The resolutions adopted by that institution shall be published in the Official Journal of the Federation and specify the banknotes to which they are referred, as well as the term during which they shall retain their power of release, which shall not be less than 24 months from the date on which the relevant decision is published.

Article 23.- The Bank of Mexico, within the time limit referred to in the previous article, directly or through its correspondents, shall exchange and at face value the banknotes that are withdrawn from circulation in accordance with that article.

TRANSIENT PROVISIONS

ARTICLE 1 °.- From the date this law enters into force, the minting of national gold coins will be suspended indefinitely, remaining private of all legal liberatory power, the gold coins of two, Two fifties, five, ten, twenty and fifty pesos, of the cones established by the Laws of 25 March 1905, 27 June 1917, 31 October 1918 and 14 September 1921.

ARTICLE 2 °.- The export and import of minted or paste gold are declared free, and Articles 26 and 53 of the Law of 19 December are hereby repealed. of 1929.

ARTICLE 3 °.- All obligations to the date of this law in the national currency of any species shall be sold by giving out coins of the cones that this law conserves, within the respective limits of its liberating power.

Notwithstanding the foregoing paragraph, they shall deliver gold coins who have received them in charge for the account of the third party, or in a confidential deposit, or under any other contract that does not breach the domain.   Banks and banking institutions shall pay in gold coins 30% of the deposits that the public has made in them in that species, at the view or within a period not exceeding 30 days.

ARTICLE 4 °.- Foreign currency payment obligations incurred within the Republic to be fulfilled in the Republic shall be settled in the terms of Article 8 of the this law, unless the debtor demonstrates. in the case of loan operations, that the currency received from the creditor was a national currency of any kind, or that, in the case of other transactions, the currency in which the obligation was originally contracted was a national currency of any kind; in such cases, the the reference shall be settled in national currencies, in the terms of the fourth and fifth articles of this law, respectively, at the rate to be taken into account when the operation is carried out in order to convert the national currency received to the the foreign currency or, if it is not possible to set such a rate, to legal parity.

ARTICLE 5 °.- At the date of the promulgation of this law, the silver coins of each other than those mentioned in the law are deprived of all legal power. (b) and (c) of the second article of this law.

The two-peso silver coins, created by Law of September 22, 1921, will be redeemed in the form determined by the Central Banking Board, by silver coins of a weight of the cuno that this law preserves, if presented the effect within a period of six months from the date of this law.

The other silver and fractional coins withdrawn from circulation will be exchanged for silver or fractional coins, respectively, of the cones that this law retains, in the time-limits and conditions set out in the corresponding decrees.

ARTICLE 6 °.- (Repeals).

ARTICLE 7 °.- (Repeals).

ARTICLE 8 °.- (Repeals).

ARTICLE 9 °.- (Repeals).

ARTICLE 10.- (Repeals).

ARTICLE 11.- (Repeals).

ARTICLE 12.- (Repeals).

ARTICLE 13.- (Repeals).

ARTICLE 14.- The Law of 24 December 1930 is repealed, and it must be applied to the formation of the Monetary Reserve, the balance that exists in favor of the Committee of Changes as the results of the operations carried out by the Commission. The provisions of the General Law on Credit Institutions and Banking Establishments and the Law of 13 April 1918 are amended as soon as they are contrary to this law and in the terms of this law.

ARTICLE 15.-The of Finance and Public Credit is empowered to provide in the administrative sphere the execution of the provisions of this law.

Union Congress Session Hall.-Mexico, D. F., at 25 July 1931.- Gonzalo Bautista, D. P.- Antonio Gutiérrez, S. P.- José M. Davila, D. S.- Miguel Ramos, S. S.- Manuel Mijares V., D. S.- José D. Aguayo, S. S.-Rubicas. '

Therefore, command is printed, published, circulated, and given due compliance.

Dada at the Palace of the Federal Executive Branch, in Mexico, at the twenty-five days of the month of July of a thousand nine hundred and thirty-one.- P. Ortiz Rubio.-Heading.-The Secretary of State and the Office of Finance and Public Credit, L. Montes de Oca.-Heading. -Al C. Deputy Minister of Government, Charge of the Office.-Present. "

I communicate to you for publication and other purposes.

Effective Suffrage. No Re-election.

Mexico, D. F., at 25 July 1931.-The Assistant Secretary of the Interior, Encharged with the Dispatch, Octavio Mendoza González.-Heading.

Al C. ...


TRANSIENT ITEMS OF REFORM DECREES

DECREE that reform and add to various provisions of the Monetary Law of the United Mexican States and points out the characteristics of the coins of five, ten, twenty and fifty cents and one, two, five and ten weights.

Published in the Official Journal of the Federation on June 22, 1992

ARTICLE FIRST.- Reformation and additiona (b) of article 2 of the Monetary Law of the United Mexican States, to remain in the following terms:

..........

ARTICLE SECOND.- Reformation of Article 3 of the Monetary Law of the United Mexican States, to be in the following terms:

..........

ARTICLE THIRD.- The characteristics of the coins of five, ten, twenty and fifty cents and one, two, five and ten pesos, as referred to in point (b) of Article 2 of the The Monetary Law of the United Mexican States, will be the following:

FIVE CENTS

FACE VALUE: Five cents.

FORM: Circular.

DIAMETER: 15.5 mm (fifteen and a half millimeters).

COMPOSITION: May, as provided for in Article 2 (b) of the Monetary Law of the United Mexican States, be any of the following alloys:

A) Stainless steel alloy.

This alloy will be integrated as follows:

between 16% and 18% (sixteen and eighteen percent), of chromium;

0.75% (seventy-five hundredths of a percentage point) of nickel, maximum:

0.12% (twelve hundredths of a percentage point) of carbon, maximum;

1% (one percent) silicon, maximum;

1% (one percent) manganese, maximum;

0.03% (three hundredths of a percentage point) of maximum sulphur;

0.04% (four hundredths of a percentage point) of phosphorus, maximum; and

10 remaining iron.

In this composition the weight will be 1.58 g (one gram fifty-eight cents), and the weight tolerance per piece will be 0.075 g (seventy-five milligrams), in more or less.

B) Aleation of nickel-coated steel.

This alloy will be composed of two parts: a core whose weight will be between 92% and 96% (ninety-two and ninety-six percent) and a coating whose weight will be between 8% and 4% (eight and four percent), of the total weight of the piece. The composition of each of these parts shall be as follows:

B1) Steel core.

This alloy will be integrated as follows:

0.08% (eight hundredths of percentage point) of carbon, maximum:

between 0.25% and 0.40% (twenty-five and forty-hundredths of a percentage point) of manganese;

0.04% (four hundredths of percentage point) of phosphorus, maximum;

0.05% (five hundredths of a percentage point) of sulphur, maximum; and

the remaining iron.

B2) Nickel box.

It will be integrated as follows:

99.9% (ninety-nine, nine percent) nickel, minimum.

In this composition the weight will be 1.63 g (one gram sixty-three cents), and the weight tolerance per piece will be 0.080 g (eighty milligrams), in more or less.

C) Aluminium-magnesium alloy.

This alloy will be integrated as follows:

between 2.2% and 2.8% (two, two, and two, eight percent) magnesium;

between 0.15% and 0.35% (fifteen, and thirty-five hundredths of a percentage point) of chromium:

0.25% (twenty-five hundredths of a percentage point) of silicon, maximum;

0.40% (forty hundredths of percentage point) of iron, maximum;

0.10% (ten hundredths of percent) copper, maximum;

0.10% (ten hundredths of a percentage point) of manganese, maximum;

0.10% (ten hundredths of a percentage point) of zinc, maximum;

0.15% (fifteen hundredths of a percentage point), of other elements, maximum; and the remaining of aluminium.

In this composition the weight will be 0.55 g (fifty-five centimes of gram), and the weight tolerance per piece will be 0.030 g (thirty milligrams), in more or less.

CUNOS:

Front: To the center the Notional Shield in sculptural relief, with the legend "UNITED STATES MEXICANS", forming the upper semicircle.

Back: In the central part of the coin, the number five "5" as the main reason and face value, to its right the cent symbol "c", in the field above the center of the year coinage and on the right the symbol of the Mint of Mexico "M", to the left parallel to a pentagon inscribed, a stylization of the solar rays of the Ring of the Quincesces of the Sun Stone.

CANTO: It will be smooth for the compositions of the incites A) and B); and striated for the composition of the paragraph C).

TEN CENTS

FACE VALUE: Ten cents.

FORM: Circular.

DIAMETER: 14.0 mm (fourteen millimeters).

CANTO: It will carry a perimeter slot.

COMPOSITION: It shall be, as provided for in Article 2o (b). of the Monetary Law of the United Mexican States, the following:

Stainless Steel Alloy.

This alloy will be integrated as follows:

Between 16% and 18% (sixteen and eighteen percent), chrome;

0.75% (seventy-five hundredths of a percentage point) of nickel, maximum;

0.12% (twelve hundredths of a percentage point) of carbon, maximum;

1% (one percent) silicon, maximum;

1% (one percent) manganese, maximum;

0.03% (three hundredths of a percentage point) of sulphur, maximum;

0.04% (four hundredths of a percentage point) of phosphorus, maximum, and

the remaining iron.

In this composition, the weight will be 1,755 g (one gram, seven hundred and fifty-five milligrams), and the weight tolerance per piece will be 0.105 g (five percent). (milligrams), in more or less.

CUNOS:

Anverse: To the center the National Shield in sculptural relief, with the legend "UNITED STATES" forming the upper semicircle.

Back: In the central part of the coin the number ten "10" as the main reason and face value, to its right the cent symbol "¢", in the field above the center The year of minting, in the lower field to the center the symbol of the Mint "M", to the right parallel to the frame, a stylization of the Sacrifice of the Stone of the Sun.

TWENTY CENTS

FACE VALUE: Twenty cents.

FORM: Circular.

DIAMETER: 15.3 mm (fifteen millimeters, three tenths).

CANTO: Discontinuous Estriate.

COMPOSITION: It shall be, as provided for in Article 2o (b). of the Monetary Law of the United Mexican States, the following:

Stainless Steel Alloy.

This alloy will be integrated as follows:

Between 16% and 18% (sixteen and eighteen percent), chrome;

0.75% (seventy-five hundredths of a percentage point) of nickel, maximum;

0.12% (twelve hundredths of a percentage point) of carbon, maximum;

1% (one percent) silicon, maximum;

1% (one percent) manganese, maximum;

0.03% (three hundredths of a percentage point) of sulphur, maximum;

0.04% (four hundredths of a percentage point) of phosphorus, maximum, and

the remaining iron.

In this composition, the weight will be 2,258 g (two grams, two hundred and fifty-eight milligrams), and the weight tolerance per piece will be 0.113 g (one hundred and thirteen). (milligrams), in more or less.

CUNOS:

Anverse: To the center the National Shield in sculptural relief, with the legend "UNITED STATES" forming the upper semicircle.

Back: In the central part of the coin the number twenty "20" as the main reason and face value, to its right the cent symbol "¢", in the field superior to the center the year of minting, in the lower field to the center the symbol of the Mint "M"; to the left parallel to the frame, a stylization of the Acatl, thirteenth day

the Stone of the Sun.

FIFTY CENTS

FACE VALUE: Fifty cents.

FORM: Circular.

DIAMETER: 17.0 mm (seventeen millimeters).

CANTO: Estriate.

COMPOSITION: It shall be, as provided for in Article 2o (b). of the Monetary Law of the United Mexican States, the following:

Stainless Steel Alloy.

This alloy will be integrated as follows:

Between 16% and 18% (sixteen and eighteen percent), chrome;

0.75% (seventy-five hundredths of a percentage point) of nickel, maximum;

0.12% (twelve hundredths of a percentage point) of carbon, maximum;

1% (one percent) silicon, maximum;

1% (one percent) manganese, maximum;

0.03% (three hundredths of a percentage point) of sulphur, maximum;

0.04% (four hundredths of a percentage point) of phosphorus, maximum, and

the remaining iron.

In this composition, the weight will be 3,103 g (three grams, one hundred and three milligrams), and the weight tolerance per piece will be 0.155 g (one hundred and fifty-five milligrams), in more or less.

CUNOS:

Anverse: To the center the National Shield in sculptural relief, with the legend "UNITED STATES" forming the upper semicircle.

Back: In the central part of the coin the number fifty "50" as the main reason and face value, to its right the "¢" cent symbol, in the upper field to the the year of minting, in the field below the center the symbol of the Mint "M" and parallel to the frame in semicircle, at the bottom a stylization of the Ring of the Acceptance of the Sun Stone.

CURRENCY OF A PESO

FACE VALUE: A weight.

FORM: Circular.

DIAMETER: 21.0 mm (twenty-one millimeters).

COMPOSITION: The coin will be bimetallic and will consist of two alloys, one for its central part and one for its perimeter ring, which will be as follows:

1. Central part of the coin.

May, as provided for in Article 2 (b) of the United Mexican Monetary Law, be any of the following alloys:

A) Bronze-aluminum alloy.

As referred to in point (A), of the currency composition of twenty cents.

In this composition the weight will be 1.81 g (one gram, eighty-one cent), and the weight tolerance per piece will be 0.081 g (eighty-one milligrams), in more or less.

B) Bronze-coated steel alloy.

As referred to in point (B), of the currency composition of twenty cents.

In this composition the weight will be 1.79 g (one gram, seventy-nine cents), and the weight tolerance per piece will be 0.081 g (eighty-one milligrams), in more or less.

C) Bronze-aluminum-iron alloy.

As referred to in (C), the composition of the coin of twenty cents.

In this composition the weight will be 1.81 g (one gram, eighty and one hundredth), and the weight tolerance per piece will be 0.081 g (eighty-one milligrams), in more or less.

D) Golden alpaca alloy.

As referred to in point (D), of the currency composition of twenty cents.

In this composition the weight will be 1.97 g (one gram, ninety-seven cents), and the weight tolerance per piece will be 0.088 g (eighty-eight milligrams), in more or less.

E) Steel alloy with ceramic coating.

As referred to in (E), the composition of the currency of twenty cents.

In this composition the weight will be 1.77 g (one gram, seventy-seven cents), and the weight tolerance per piece will be 0.079 g (seventy-nine milligrams), in more or less.

F) Stainless Steel Alloy With Ceramic Coating.

This alloy shall be composed of two parts: a core whose minimum weight shall be 94% (ninety-four per cent), and a coating whose maximum weight shall be 6% (six percent) of the total weight of the part. The composition of each of these parts shall be as follows:

F1) Stainless steel core.

As referred to in point (A), of the five-cent currency composition.

F2) Ceramic Box.

As referred to in point E2), the composition of the coin is twenty cents.

In this composition the weight will be 1.74 g (one gram, seventy-four cents), and the weight tolerance per piece will be 0.078 g (seventy-eight milligrams), in more or less.

2. Perimeter ring of the coin.

Stainless steel alloy as referred to in point (A), of the five-cent coin composition.

In this composition the weight will be 2.14 g (two grams, fourteen cents), and the weight tolerance per piece will be 0.100 g (one hundred milligrams), in more or less.

WEIGHT TOTAL: It shall be the sum of the weights of the central part of the coin and of the perimeter ring thereof, which shall correspond, for each paragraph of point 1. above, as follows:

A) 3.95 g (three grams, ninety-five cents), and weight tolerance per piece will be 0.181 g (a hundred and eighty-one milligrams), in more or less.

B) 3.93 g (three grams, ninety-three cents), and weight tolerance per piece will be 0.181 g (a hundred and eighty-one milligrams), in more or less.

C) 3.95 g (three grams, ninety-five cents), and weight tolerance per piece will be 0.181 g (a hundred and eighty-one milligrams), in more or less.

D) 4.11 g (four grams, eleven cents), and weight tolerance per piece will be 0.188 g (one hundred and eighty-eight milligrams), in more or less.

E) 3.91 g (three grams, ninety-one cents), and weight tolerance per piece will be 0.179 g (one hundred and seventy-nine milligrams), in more or less.

F) 3.88 g (three grams, eighty-eight cents), and weight tolerance per piece will be 0.178 g (one hundred and seventy-eight milligrams), in more or less.

CUNOS:

Front: The National Shield with the caption "MEXICAN UNITED STATES," forming the top half-circle.

Back: In the middle to the left the symbol "$" and on the right the face value one "1", in the field above the center the year of coinage, in the right field to the center the symbol of the Mexican Mint "M". As a main reason a stylization of the Sun's Stone Sunglow ring.

CANTO: Floor.

TWO PESOS CURRENCY

FACE VALUE: Two weights.

FORM: Circular.

DIAMETER: 23.0 mm (twenty-three millimeters).

COMPOSITION: The coin will be bimetallic and will consist of two alloys, one for its central part and one for its perimeter ring, which will be as follows:

1. Central part of the coin.

May, as provided for in Article 2 (b) of the Monetary Law of the United Mexican States, be any of the following alloys:

A) Bronze-aluminum alloy.

As referred to in point (A), of the currency composition of twenty cents.

In this composition the weight will be 2.38 g (two grams, thirty-eight cents), and the weight tolerance per piece will be 0.109 g (one hundred and nine milligrams), in more or less.

B) Bronze-coated steel alloy.

As referred to in point (B), of the currency composition of twenty cents.

In this composition the weight will be 2.40 g (two grams, forty cents), and the weight tolerance per piece will be 0.108 g (one hundred and eight milligrams), in more or less.

C) Bronze-aluminum-iron alloy.

As referred to in (C), the composition of the coin of twenty cents.

In this composition the weight will be 2.43 g (two grams, forty-three cents), and the weight tolerance per piece will be 0.109 g (one hundred and nine milligrams), in more or less.

D) Golden alpaca alloy.

As referred to in (O), the composition of the coin of twenty cents.

In this composition the weight will be 2.64 g (two grams, sixty-four cents), and the weight tolerance per piece will be 0.119 g (one hundred and nineteen milligrams), in more or less.

E) Steel alloy with ceramic coating.

As referred to in (E), the composition of the currency of twenty cents.

In this composition the weight will be 2.37 g (two grams, thirty-seven cents), and the weight tolerance per piece will be 0.107 g (one hundred and seven milligrams), in more or less.

F) Stainless Steel Alloy With Ceramic Coating.

As referred to in (F), the composition of the currency of a weight.

In this composition the weight will be 2.34 g (two grams, thirty-four cents), and the weight tolerance per piece will be 0.105 g (one hundred and five milligrams), in more or less.

2. Perimeter ring of the coin.

Stainless steel alloy, as referred to in point (A), of the five-cent coin composition.

In this composition the weight will be 2.81 g (two grams, eighty-one cents), and the weight tolerance per piece will be 0.120 g (one hundred and twenty milligrams), in more or less.

WEIGHT TOTAL: It shall be the sum of the weights of the central part of the coin and of the perimeter ring thereof, which shall correspond to each paragraph of point 1. above, as follows:

A) 5.19 g (five grams, nineteen cents), and weight tolerance per piece will be 0.229 g (two hundred twenty-nine milligrams), in more or less.

B) 5.21 g (five grams, twenty-one cents), and weight tolerance per piece will be 0.228 g (two hundred and twenty-eight milligrams), in more or less.

C) 5.24 g (five grams, twenty-four cents), and weight tolerance per piece will be 0.229 g (two hundred twenty-nine milligrams), in more or less.

D) 5.45 g (five grams, forty-five cents), and weight tolerance per piece will be 0.239 g (two hundred and thirty-nine milligrams), in more or less.

E) 5.18 g (five grams, eighteen cents), and weight tolerance per piece will be 0.227 g (two hundred and twenty-seven milligrams), in more or less.

F) 5.15 g (five grams, fifteen cents), and weight tolerance per piece will be 0.225 g (two hundred and twenty-five milligrams), in more or less.

CUNOS:

Front: The National Shield with the caption "MEXICAN UNITED STATES," forming the top half-circle.

Back: In the middle to the left appears "$", on the right side the face value two "2", in the upper field the year of coinage, in the right field to the center, the symbol of the Mexico Mint "M". As a main reason a stylization of the Ring of the Days of the Sun Stone.

CANTO: Floor.

FIVE WEIGHTS

FACIAL VALUE: Five weights.

FORM: Circular.

DIAMETER: 25.5 mm (twenty-five millimeters, five-tenths).

COMPOSITION: The coin will be bimetallic and will consist of two alloys, one for its central part and one for its perimeter ring, which will be as follows:

1. Central part of the coin.

May, as provided for in Article 2 (b) of the Monetary Law of the United Mexican States, be any of the following alloys:

A) Bronze-aluminum alloy.

As referred to in point (A), of the currency composition of twenty cents.

In this composition the weight will be 3.25 g (three grams, twenty-five cents), and the weight tolerance per piece will be 0.146 g (a hundred and forty-six milligrams), in more or less less.

B) Bronze-coated steel alloy.

As referred to in point (B), of the currency composition of twenty cents.

In this composition the weight will be 3.21 g (three grams, twenty-one hundredths), and the weight tolerance per piece will be 0.144 g (one hundred and forty-four milligrams), in more or less.

C) Bronze-aluminum-iron alloy.

As referred to in (C), the composition of the coin of twenty cents.

In this composition the weight will be 3.25 g (three grams, twenty-five cents), and the weight tolerance per piece will be 0.146 g (a hundred and forty-six milligrams), in more or less less.

D) Golden alpaca alloy.

As referred to in point (D), of the currency composition of twenty cents.

In this composition the weight will be 3.53 g (three grams, fifty-three cents), and the weight tolerance per piece will be 0.159 g (one hundred and fifty-nine milligrams), in more or less less.

E) Steel alloy with ceramic coating.

As referred to in (E), the composition of the currency of twenty cents.

In this composition the weight will be 3.17 g (three grams, seventeen cents), and the weight tolerance per piece will be 0.143 g (one hundred and forty-three milligrams), in more or less.

F) Stainless Steel Alloy With Ceramic Coating.

As referred to in (F), the composition of the currency of a weight.

In this composition the weight will be 3.13 g (three grams, thirteen cents), and the weight tolerance per piece will be 0.141 g (a hundred and forty-one milligrams), in more or less.

2. Perimeter ring of the coin.

Stainless steel alloy, as referred to in point (A), of the five-cent coin composition.

In this composition the weight will be 3.82 g (three grams, eighty-two cents), and the weight tolerance per piece will be 0.145 g (one hundred and forty-five milligrams), in more or less less.

WEIGHT TOTAL: It shall be the sum of the weights of the central part of the coin and of the perimeter ring thereof, which shall correspond, for each paragraph of point 1. above, as follows:

A) 7.07 g (seven grams, seven cents), and weight tolerance per piece will be 0.291 g (two hundred and ninety-one milligrams), in more or less.

B) 7.03 g (seven grams, three cents), and weight tolerance per piece will be 0.289 g (two hundred and eighty-nine milligrams), in more or less.

C) 7.07 g (seven grams, seven cents), and weight tolerance per piece will be 0.291 g (two hundred and ninety-one milligrams), in more or less.

D) 7.35 g (seven grams, thirty-five cents), and weight tolerance per piece will be 0.304 g (three hundred and four milligrams), in more or less.

E) 6.99 g (six grams, ninety-nine cents), and weight tolerance per piece will be 0.288 g (two hundred and eighty-eight milligrams), in more or less.

F) 6.95 g (six grams, ninety-five cents), and weight tolerance per piece will be 0.286 g (two hundred and eighty-six milligrams), in more or less.

CUNOS:

ANVERSO: The National Shield with the caption "MEXICAN UNITED STATES," forming the top half-circle.

Back: At center to the left appears the symbol "$" and center the number five "5" as face value, in the upper left field the year of coinage, in the right field to the center the symbol of the Mint of Mexico "M". As a main reason a stylization of the Ring of the Sun Stone's Snakes appears.

CANTO: Floor.

TEN WEIGHT CURRENCY

FACE VALUE: Ten Pesos.

FORM: Circular.

DIAMETER: 28.0 mm (twenty-eight millimeters).

COMPOSITION: The coin will be bimetallic and will consist of two alloys, one for its central part and one for its perimeter ring, which will be as follows:

1. Central part of the coin.

Silver: Sterling.

Law: 0.925.

League Metal: Copper.

Weight: 5,604 g (five grams, six hundred and four thousandths).

Content: 5,184 g (five grams, one hundred and eighty-four thousandths), equivalent to 1/6 oz. (a sixth) of pure silver troy ounce.

Tolerance in Law: 0.005 (five thousandths) in more or less.

Weight Tolerance per piece: 0.090g (ninety milligrams) in more or less.

Weight tolerance per thousand pieces: 1.75 g (one gram, seventy-five cents) in more or less.

2. Perimeter ring of the coin.

This as provided for in Article 2 (b) of the Monetary Law of the United Mexican States may be constituted by any of the following alloys:

A) Bronze-aluminum alloy.

As referred to in point (A), of the currency composition of twenty cents.

In this composition the weight will be 5,579 g (five grams, five hundred and seventy-nine thousandths), and the weight tolerance per piece will be 0.223 g (two hundred and twenty-three milligrams), in more or less.

B) Bronze-coated steel alloy.

As referred to in point (B), of the currency composition of twenty cents.

In this composition the weight will be 5,509 g (five grams, five hundred nine milesos), and the weight tolerance per piece will be 0.220 g (two hundred and twenty milligrams), in more or less less.

C) Bronze-aluminum-iron alloy.

As referred to in (C), the composition of the coin of twenty cents.

In this composition the weight will be 5,572 g (five grams, five hundred and seventy two milesimes), and the weight tolerance per piece will be 0.223 g (two hundred and twenty-three milligrams), in more or at least.

D) Golden alpaca alloy.

As referred to in point (D), of the currency composition of twenty cents.

In this composition the weight will be 6.060 g (six grams, sixty milesos), and the weight tolerance per piece will be 0.242 g (two hundred and forty two milligrams), in more or less.

WEIGHT TOTAL: It shall be the sum of the weights of the central part and the perimeter ring thereof, which shall correspond, for each paragraph of point 2. above, as follows:

A) 11,183 g (eleven grams, one hundred and eighty-three thousandths), and the tolerances by weight per piece and by a set of thousand pieces will be respectively 0.313 g (three hundred and thirteen milligrams) and 6,086 g (six grams, eighty-six milesos), both in more or less.

8) 11,113 g (eleven grams, one hundred and thirteen thousandths), and the tolerances by weight per piece and by a set of thousand pieces will be respectively 0.310 g (three hundred ten milligrams) and 6,028 g (six grams, twenty-eight thousandths), both in more or less.

C) 11,176 g (eleven grams, one hundred and seventy six milesimes) and the tolerances by weight per piece and by a set of thousand pieces will be respectively 0.313 g (three hundred and thirteen milligrams) and 6,086 g (six grams, eighty-six milesos), both in more or less.

O) 11,664 g (eleven grams, six hundred and sixty-four thousandths), and the tolerances by weight per piece and by a set of thousand pieces will be respectively 0.332 g (three hundred and thirty-two (milligrams) and 6,456 g (six grams, four hundred and fifty-six thousandths), both in more or less.

CUNOS:

Front: The National Shield with the caption "MEXICAN UNITED STATES," forming the top half-circle.

Back: In the middle is the circle of the Sun Stone that represents Tonatiuh with the fire mask. In the perimeter ring, at the top, to the center the symbol "$10", to the left the year of coinage and to the right the symbol of the Mint of Mexico "M", in the lower part the legend "TEN PESOS". The smooth frame with staggered graffiti.

CANTO: Striatum.

TRANSIENT

FIRST.- This Decree shall enter into force on 1 January 1993, with the exception of the second transitional period, which shall enter into force on the day following that of the publication of the Decree in the Official Journal of the Federation.

SECOND.- Repeals the Decree on reform of Article 2 (b) of the Monetary Law of the United Mexican States and the characteristics of the currencies from one hundred, two hundred, five hundred, one thousand, two thousand, five thousand and ten thousand pesos, published in the Official Journal of the Federation on July 23, 1990.

THIRD.- The pieces of one, five, ten, twenty, fifty, one hundred, five hundred and one thousand pesos prior to those provided for in the Decree referred to in the previous article, as well as the (c) Commemorative items referred to in Article 2 (c) of the Monetary Law of the United Mexican States, which have not been demonetized, shall continue with the power of discharge referred to in Article 5 of that Law, until they are withdrawn from circulation by the Bank of Mexico.

The Bank of Mexico shall publish in the Official Journal of the Federation a notice indicating that the parts referred to in the previous paragraph have already been removed from the circulation, without prejudice to which, in the terms of its Organic Law, it shall exchange such coins for a period of two years from the date of publication of the respective notice.

(sic) Unidos Mexicanos and the characteristics of the coins of one hundred, two hundred, five hundred, thousand, two thousand, five thousand and ten thousand pesos, published in the Official Journal of the Federation on 23 July 1990.

(sic) THIRD.- The pieces of one, five, ten, twenty, fifty, one hundred, five hundred and one thousand pesos prior to those provided for in the Decree referred to in the previous article, thus as the commemorative items referred to in Article 2 (c) of the Mexican Monetary Law, which have not been demonetized, will continue with the power of discharge referred to in Article 5 of the Law, until are withdrawn from circulation by the Bank of Mexico.

(sic) The Bank of Mexico shall publish in the Official Journal of the Federation a notice indicating that the parts referred to in the previous paragraph have already been removed from the the circulation, without prejudice to which, in the terms of its Organic Law, shall carry out the exchange of such coins for a period of two years from the date of publication of the respective notice.

FOURTH.- Current pieces with denominations in weight cents are demonetized. Without prejudice to the foregoing, the Bank of Mexico, in the terms of its Organic Law, will continue to receive them for the exchange for pieces in circulation, until 1 January 1995.

QUINTO.- As long as the Bank of Mexico does not withdraw from circulation the currencies referred to in the third transitional, the coins of one, two, five and ten pesos to which the Third, they must contain on the back, instead of the symbol "$" the symbol "N$", and the coin of ten weights must contain in addition, instead of the expression "weights" the expression "new weights".

Mexico, D. F., 18 June 1992.-Dip. Gustavo Carvajal Moreno, President.-Sen. Manuel Aguilera Gómez, President.-Dip. Jaime Rodríguez Calderón, Secretary.-Sen. Alger Leon Moreno, Secretary.-Rubicas. "

In compliance with the provisions of Article 89 of the Political Constitution of the United Mexican States and for their proper publication and observance, I hereby exempt the present Decree at the residence of the Federal Executive Branch, in Mexico City, Federal District at the twenty-one day of the month of June of a thousand nine hundred and ninety-two.- Carlos Salinas de Gortari.-Heading.-The Secretary of the Interior, Fernando Gutiérrez Barrios.-Heading.


DECREE for which items 4 are reformed and added. and 5o. of the Monetary Law of the United Mexican States.

Published in the Official Journal of the Federation on 11 May 2004

Transient

First.- This Decree will enter into force on January 1, 2006.

Second.- The monetary signs manufactured prior to the date of entry into force of this Decree, may be put into circulation by the Bank of Mexico after that date, retaining its liberating power until they are demonetized.

Mexico, D. F., to April 5, 2004.-Sen. Enrique Jackson Ramirez, President.-Dip. Juan de Dios Castro Lozano, President.-Sen. Sara I. Castellanos Cortes, Secretary.-Dip. Amalin Yabur Elias, Secretary.-Rubicas."

In compliance with the provisions of Article 89 of the Political Constitution of the United Mexican States and for their proper publication and observance, I hereby exempt the present Decree at the Federal Executive Branch, in Mexico City, Mexico City, four days in May, two thousand four.- Vicente Fox Quesada.-Rubrica.-The Secretary of the Interior, Santiago Creel Miranda.- Heading.


DECREE that the different reform and addition of various provisions of the Monetary Law of the United Mexican States is reformed and points out the characteristics of the coins of five, ten, twenty and fifty cents and one, two, five and ten pesos, published on June 22, 1992.

Published in the Official Journal of the Federation on 20 January 2009

UNICO ARTICLE. REFORM the THIRD ARTICLE of the " Decree that Reform and Add to Various Provisions of the Monetary Law of the United Mexican States and points out the characteristics of the coins of five, ten, twenty and fifty cents and one, two, five and ten pesos ", published in the Official Journal of the Federation on 22 June 1992, in order to remain in the following terms:

..........

TRANSIENT

FIRST. This Decree shall enter into force on the day following its publication in the Official Journal of the Federation.

SECOND. The currencies referred to in this Decree may begin to be minted within three months of their publication in the Official Journal of the European Union. Federation.

THIRD. The coins of ten, twenty and fifty cents provided for in the Decree referred to in the Single Article, whose characteristics are modified, will continue with the power of discharge referred to in Article 5o. of the Monetary Law of the United Mexican States, until they are withdrawn from circulation by the Bank of Mexico.

FOURTH. The Bank of Mexico shall publish in the Official Journal of the Federation a notice stating that the parts referred to in the previous article have already been removed from circulation, setting the time required to carry out their exchange.

Mexico, D. F., at 11 December 2008.-Sen. Gustavo Enrique Madero Muñoz, President. -Dip. Cesar Horacio Duarte Jaquez, President.-Sen. Renan C. Zoreda Novelo, Secretary.-Dip. Rosa Elia Romero Guzmán, Secretary.-rubrics."

In compliance with the provisions of Article 89 of the Political Constitution of the United Mexican States, and for their due publication and observance, I ask for this Decree in the Federal Executive Branch, in Mexico City, Federal District, on January 13, two thousand nine.- Felipe de Jesús Calderón Hinojosa.-Heading.-The Secretary of Government, Lic. Fernando Francisco Gomez Mont Urueta.-Heading.