Renovations Of Mortgage Loans As A Dowry Dowry Od A Warranty

Original Language Title: Rinnovazione Delle Ipoteche Dotali Od A Garanzia Di Crediti Dotali

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No. 53. Law on renewal of dowry or mortgages as collateral for dowry debts. We the Captains Regent of the Most Serene Republic of San Marino We promulgate and publish the following law approved by the Great and General Council at its meeting delli November 29, 1949: Art. 1. Article 2 of the 24 November 1887 Act on renewal of mortgage applications is repealed. Art. 2. The Conservative mortgages must carry out an official, under penalty of damages, with the renewal of mortgages dowry or dowry to the credit guarantee. Art. 3. The dowry or mortgage of dowry credit guarantee loses its effect one year after the death of the woman in whose favor was renewed. Art. 4. The renovations of the mortgages in the above species and the documents needed to perform them are exempt from all taxes, including stamp duty and fees. Art. 5. Transitional provision. By 1950 mortgages dowry or to guarantee receivables dowry inscribed until 31 December 1900 may be renewed by the interested parties, those of later date will have to be renewed by the Conservative mortgages. Given at Our Residence, this day of 1 December 1949 (1649 dFR). THE CAPTAINS REGENT Vincenzo Pedini - Augustine Biordi THE SECRETARY OF STATE FOR INTERNAL AFFAIRS G. Forcellini