Regulatory Alerts2000-10-24 | Resolución 077/2000Added · Updated
Resolution 077/2000
The Board of Directors of the Central Bank of Bolivia amends Articles 8 and 27 of the Regulation on Portfolio Administration and Sale of Assets approved by Resolution 101/99. Article 8 increases the capital balance threshold for the Mandatary's autonomous collection management decisions from US$50,000 to US$150,000 per client. Article 27 extends the maximum term for credit restructuring from five years to ten years, calculated from the signing of the Administration Mandate Contract, and incorporates provisions from Article 800 of the Commercial Code. The President is authorized to sign an Addendum to the Administration Mandate Contract with Banco Mercantil S.A. to reflect these modifications.
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