Law No. 135 Of 28 October 1996

Original Language Title:  LEGE nr. 135 din 28 octombrie 1996

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LAW No. 135 of 28 October 1996 on the authorization of the National Bank of Romania to grant loans to cover the withdrawal of the requests of the population bank deposits formed at banking companies "Dacia Felix"-and "Credit Bank"-Jsc

Published in PARLIAMENT ISSUING the OFFICIAL GAZETTE NR. 264 of 28 October 1996 the Romanian Parliament adopts this law.

Article 1 (1) shall authorize the National Bank of Romania, in its capacity as lender of the last court, granting banking firms "Dacia Felix"-Jsc "Credit Bank" and Corporation a loan intended to cover applications for withdrawal of amounts representing the population deposits up to a ceiling of $ 10,000,000 depositor, excluding related interest, regardless of the currency in which the deposit is made whenever the number or size of the deposits.

(2) the total of the credit is determined to comply with the ceiling. The conditions for granting and use of credit will be determined by the rules of the National Bank of Romania.

Article 2 (1) the amounts representing repayment of deposits of the population for whom the National Bank of Romania to grant credits under art. 1 will be deposited immediately by the banking companies "Dacia Felix"-Jsc "Credit Bank" and-la Casa de Economii S.A. and Consemnaţiuni on behalf of depositors. From the date of the Conference hold its savings amounts at Home and enjoys Consemnaţiuni people depositing some interest, or may provide in any other manner, including receipt of sums in cash.

(2) the Syndic and the competence of the Court shall supervise the application of the provisions of paragraph 1. (1) in article 3 the recovery of loans. pursuant to article 114. 1 will be done, on a priority basis, of the proceeds realized by banking companies "Dacia Felix"-and "Credit Bank"-Jsc during the reorganization and liquidation of their judicial, of the funds derived from the sale of property of the debtor's assets, in the order of precedence laid down in article 21. 106 section 2 of law No. 64/1995 on judicial procedure of reorganization and liquidation.
This law was adopted by the Senate at its meeting on 1 October 1996, in compliance with the provisions of art. 74 para. (2) of the Constitution of Romania.
p. MORRIS PRESIDENT of SENATE Bill VALER was adopted by the Chamber of deputies at its meeting on 9 October 1996, in compliance with the provisions of art. 74 para. (2) of the Constitution of Romania.
PRESIDENT Of The CHAMBER Of DEPUTIES ADRIAN NASTASE — — — — — — — — — — — — — — — — — — — — —