of April 22, 2024 No. 78
About modification of some legal acts of the Kyrgyz Republic concerning reduction in compliance with the bank law
Accepted by Jogorku Kenesh of the Kyrgyz Republic on March 14, 2024
Bring in part I of the Civil code of the Kyrgyz Republic (Sheets of Jogorku Kenesh of the Kyrgyz Republic, 1996, No. 6, the Art. 80) the following changes:
Paragraph two of Item 5 of Article 87 to state 1) in the following edition:
"The changes made to constituent documents of non-profit organizations, financial credit institutions and organizations become effective from the date of the state re-registration of the specified legal entities.";
2) in Item 2 of Article 96:
a) the fourth to state the paragraph in the following edition:
"Liquidation of bank, financial credit institution or organization, licensed by National Bank of the Kyrgyz Republic, is carried out taking into account the features established for banks or other financial credit institutions or organizations.";
b) the fifth to declare the paragraph invalid;
c) to state the paragraph of the sixth in the following edition:
"In case of withdrawal of the banking license the National Bank of the Kyrgyz Republic shall appoint the temporary administrator for the purpose of ensuring safety of assets of bank and depositor protection before appointment of the liquidator as court. The temporary administrator has the powers provided by the Law of the Kyrgyz Republic "About banks and banking activity".";
Shall be replaced with words 3) in Item 1 of Article 349 of the word "other credit institute or" "other financial credit institution or organization,".
Bring in part II of the Civil code of the Kyrgyz Republic (Sheets of Jogorku Kenesh of the Kyrgyz Republic, 1998, No. 6, the Art. 226) the following changes:
Item 4 of Article 724 to add 1) with the paragraph the second the following content:
"-provision of non-interest loan by physical person to physical person;";
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