Regulatory Alerts2008-05-13 | Resolución 062/2008Added · Updated
Resolution 062/2008: Regulation on the Disposition of Assets Received from Financial Support for Forced Sale, Resolution, or Liquidation of Financial Intermediation Entities
The Board of Directors of the Central Bank of Bolivia approves a new regulation governing the disposition of movable and immovable assets received through financial support for the forced sale, resolution, or liquidation of financial intermediation entities, as well as assets acquired judicially or via dation in payment. Movable assets must be transferred to third parties for value through open bidding or public invitation, while immovable assets are transferred gratuitously to the General Treasury of the Nation. The resolution repeals specific chapters of previous regulations and establishes detailed procedures for valuation, bidding, payment deadlines, and asset write-offs.
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