CMN Resolution No. 5162 — Amends the Rural Credit Manual to Authorize Renegotiation of Rural Credit Operations in Flood-Affected Municipalities of Rio Grande do Sul

The current text of the MCR is available at the following electronic address:
www3.bcb.gov.br/mcr.

CMN RESOLUTION NO. 5,162, OF AUGUST 13, 2024

Amends Section 7 (Transitional Rules) of Chapter 3 (Operations) of the Rural Credit Manual – MCR to authorize the renegotiation of rural credit operations in municipalities of the state of Rio Grande do Sul affected by floods, inundations, heavy rains, flash floods, gales, landslides, or floods.

The Central Bank of Brazil, in accordance with Article 9 of Law No. 4,595, of December 31, 1964, makes public that the National Monetary Council, in an extraordinary session held on August 13, 2024, based on Articles 4, caput, item VI, of Law No. 4,595, of December 31, 1964, Articles 4 and 14 of Law No. 4,829, of November 5, 1965, Articles 5 and 6 of Law No. 10,186, of February 12, 2001, and taking into account the provisions of Provisional Measure No. 1,247, of July 31, 2024,

R E S O L V E S:

Art. 1 The Section 7 (Transitional Rules) of Chapter 3 (Operations) of the Rural Credit Manual – MCR shall enter into force with the following alterations:

“12 - Financial institutions are authorized, at their discretion, to automatically extend the maturity of principal and interest installments of rural credit operations for working capital, investment, and industrialization, due or maturing between May 1 and September 15, 2024, to September 16, 2024, for enterprises located in municipalities of the state of Rio Grande do Sul, with a declaration of a state of emergency or public calamity until July 31, 2024, due to floods, inundations, heavy rains, flash floods, gales, landslides, or floods occurring in the period from April 1 to May 31, 2024, recognized by the federal government, observed that:

a) the operations must be adjusted by normal contractual charges, and the source of resources may be maintained, dispensing with the formalization of an amendment; and

b) operations with controlled resources must be in a compliant status on April 30, 2024.” (NR)

Art. 2 This Resolution enters into force on the date of its publication.

ROBERTO DE OLIVEIRA CAMPOS NETO
President of the Central Bank of Brazil