of July 18, 2009 No. 181-FZ
About use of government securities of the Russian Federation for increase in capitalization of banks
Accepted by the State Duma on July 3, 2009
Approved by the Federation Council on July 7, 2009
1. The purposes of this Federal Law are maintenance of banking system stability and protection of legitimate interests of investors and creditors of banks.
2. For the purpose of this Federal Law the Russian Federation has the right to perform measures for increase in capitalization of the banking credit institutions which are joint-stock companies (daleebanka), way of exchange of federal loan bonds for preferred shares of such banks (further - the procedure of increase in capitalization) according to the procedure and on conditions which are established by this Federal Law.
The procedure of increase in capitalization includes:
1) placement of preferred shares by bank taking into account the requirements established by this Federal Law;
2) issue of federal loan bonds by the Russian Federation taking into account the conditions established by this Federal Law;
3) the conclusion of the agreement of exchange of the preferred shares placed by bank according to this Federal Law on the federal loan bonds issued by the Russian Federation taking into account the conditions established by this Federal Law.
1. Placement of preferred shares within the procedure of increase in capitalization can be performed by the bank conforming to the following requirements:
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