CVM Instruction 213 of May 23, 1994 (Revoked)

FULL TEXT OF CVM INSTRUCTION NO. 213, OF MAY 23, 1994, WITH THE CHANGES INTRODUCED BY CVM INSTRUCTION NO. 227, OF NOVEMBER 23, 1994.

Amends CVM Instructions No. 91, of December 6, 1988, No. 148 of July 3, 1991, No. 153, of July 24, 1991, No. 177, of February 6, 1992, and No. 186, of March 17, 1992, to authorize the application of resources from mutual investment funds in stocks and from cultural and artistic investment funds in fixed-income fund quotas.

THE PRESIDENT OF THE SECURITIES AND EXCHANGE COMMISSION - CVM, makes public that the Collegiate Body, in a session held on this date, having in view the provisions of Article 3 of Resolution No. 1,787, of February 1, 1991, of the National Monetary Council and Article 19 of Law No. 6,385, of December 7, 1976,

RESOLVED:

Art. 1 Article 41 of INSTRUCTION NO. 91, of December 6, 1988, shall enter into force with the following wording:

"Art. 41. The remaining resources from the applications of the FCCE may be kept available or applied in the following investment alternatives, individually or cumulatively:
I - quotas of Fixed Income Funds;
II - Federal Public Debt securities;
III - other securities issued by open companies."

• Article revoked by CVM Instruction No. 227, of December 23, 1994.

Art. 2 Article 44 of CVM INSTRUCTION NO. 91, of December 6, 1988, shall enter into force with the following wording:

"Art. 44. The remaining resources from the applications of the FCCE (Incentivized Areas) may also be kept available or applied, individually or cumulatively, in fixed-income fund quotas, and in Federal Public Debt securities, in addition to Investment Certificates of the Northeast Investment Funds - (FINOR), of the Amazon (FINAM), and of Economic Recovery of the State of Espírito Santo, acquired on the Stock Exchange."

• Article revoked by CVM Instruction No. 227, of December 23, 1994.

Art. 3 Paragraph 2 of Article 30 of CVM INSTRUCTION NO. 148, of July 3, 1991, as well as Paragraph 2 of Article 30 of CVM INSTRUCTION NO. 177, of February 6, 1992, shall enter into force with the following wording:

CVM INSTRUCTION NO. 213, OF MAY 23, 1994.
2

"Art. 30. ......
§2 The balance of resources may be applied in quotas of fixed-income funds and in fixed-income securities of free choice by the administrator."

Art. 4 Article 31 of CVM INSTRUCTION NO. 186, of March 17, 1992, shall enter into force with the following wording:

"Art. 31. The resources of the funds not applied in cultural and artistic projects may be kept available or applied, exclusively, in securities issued by the National Treasury and the Central Bank of Brazil, state and municipal debt securities, securities issued or accepted by financial institutions, and quotas of fixed-income funds."

Art. 5 This Instruction enters into force on the date of its publication in the "Official Gazette" of the Union, revoking CVM INSTRUCTION NO. 140, of March 20, 1991.

Original signed by
THOMÁS TOSTA DE SÁ
President