Regulatory Alerts2014-10-21 | RESOLUCION DE DIRECTORIO Nº 146/2014Added · Updated
Board Resolution No. 146/2014: Regulation for the Disposition of Assets Transferred as Payment in Kind by Liquidated Banks
The Central Bank of Bolivia approves a regulation governing the disposal of movable and immovable assets received as payment in kind or through judicial adjudication from the liquidated banks Banco Sur S.A., Banco de Cochabamba S.A., and Banco Internacional de Desarrollo S.A. The regulation establishes the organizational structure, including a Recovery and Asset Realization Committee, and defines three disposal modalities: direct sale to public sector entities, public invitation sales to public sector entities, and open auction to any person or entity. It sets specific valuation methods, publication requirements, and a 30-calendar-day deadline for payment by successful bidders.
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