Regulatory Alerts2017-10-25 | DOF 5502378Added
Resolution modifying the general provisions applicable to credit institutions
The resolution amends Article 56, Section II of the General Provisions Applicable to Credit Institutions to exempt these institutions from maximum financing limits when conducting operations with unstructured public trusts. This exemption applies if the trust's payment source consists of federal revenue participations or contributions corresponding to the federative entities or municipalities that created it, provided there is an irrevocable mandate to the Ministry of Finance and Public Credit for the delivery of these funds. The resolution entered into force the day following its publication in the Official Gazette on October 25, 2017.
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