Rule · BCB · 28 May 1998 · Circular 2821
The Executive Board of the Central Bank of Brazil releases the minimum and maximum duration limits for consortium groups. This decision revokes Article 4 of Circular No. 2,766 of July 3, 1997, and the circular entered into force on the date of its publication, May 28, 1998.
Releases the duration limits of consortium groups.
The Executive Board of the Central Bank of Brazil, in a session held on May 27, 1998, based on Article 33 of Law No. 8,177 of March 1, 1991,
D E C I D E D:
Art. 1st Release the minimum and maximum duration limits of consortium groups.
Art. 2nd Article 4 of Circular No. 2,766 of July 3, 1997 is hereby revoked.
Art. 3rd This Circular enters into force on the date of its publication.
Brasilia, May 28, 1998
Sérgio Darcy da Silva Alves
Director
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“Art. 2nd Article 4 of Circular No. 2,766 of July 3, 1997 is hereby revoked.”
This document amends: Circular No. 2766 — Establishes the Constitution and Operation of Consortium Groups
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