Regulatory Alerts1997-09-15 | Resolución 151/97Added · Updated
Resolution 151/97
The Board of Directors of the Central Bank of Bolivia authorizes the partial subrogation of depositors' rights for the liquidated San José Obrero Ltda. Cooperative, ceding these rights to the Central Bank up to a maximum of US$5,000 per depositor. The Liquidator is responsible for verifying claims, consolidating capital, and executing the transfer of rights, while retaining responsibility for recovering the funds from the cooperative's assets. A specific asset recovery plan must be submitted to the Central Bank within 180 days of the start of the liquidation process.
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