Rule · BCB · 29 Jan 1970 · Resolução CMN 132
Resolution CMN No. 132 amends the conditions of Decree-Law No. 413 of January 9, 1969, by including any other securities issued and negotiable under current legislation among the assets that may be subject to cedula pledge, in addition to those enumerated in item IX of the said Decree-Law. This change applies to the regulatory framework governing cedula pledges in Brazil.
The CENTRAL BANK OF BRAZIL, in accordance with the deliberation of the National Monetary Council, in a session held on January 27, 1970, in accordance with the provisions of Articles 4, item VI, and 9 of Law No. 4,595, of December 31, 1964, and Article 20, item X, of Decree-Law No. 413, of January 9, 1969,
RESOLVES:
To include among the assets that may be subject to cedula pledge, under the conditions of Decree-Law No. 413, of January 9, 1969, any other securities issued and negotiable in accordance with current legislation, in addition to those enumerated in item IX of the said Decree-Law.
Rio de Janeiro-GB, January 29, 1970
CENTRAL BANK OF BRAZIL
Ernane Galvêas
President
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“in accordance with the provisions of Articles 4, item VI, and 9 of Law No. 4,595, of December 31, 1964”
“and Article 20, item X, of Decree-Law No. 413, of January 9, 1969”
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