Circular No. 2765 — Amends Article 1 of Circular No. 2,613 of September 5, 1995

CIRCULAR NO. 002765

Amends the wording of Article 1 of Circular No. 2,613 of September 5, 1995.

The Collegiate Board of the Central Bank of Brazil, in a session held on July 2, 1997, having regard to the provisions of Article 10, items III and IV, of Law No. 4,595 of December 31, 1964, as amended by Articles 19 and 20 of Law No. 7,730 of January 31, 1989, and Article 2 of Resolution No. 2,173 of June 30, 1995,

DECIDED:

Article 1. Amend Article 1 of Circular No. 2,613 of September 5, 1995, which shall henceforth read as follows:

"Article 1 .....................................................

I - the period from which the depositor shall be entitled to credit, observed the minimum term of 12 (twelve) months counted from the date of the initial deposit;

.............................................................".

Article 2. This Circular enters into force on the date of its publication.

Brasília, July 2, 1997

Alkimar Ribeiro Moura
Director