of June 2, 1997 No. 36
About recovery and protection of savings of citizens of the Kyrgyz Republic
Accepted by General Court of Jogorku Kenesh of the Kyrgyz Republic on May 7, 1997
This Law establishes obligations of the Kyrgyz Republic on recovery and ensuring safety of value of cash savings of citizens of the Kyrgyz Republic, and also citizens of the former USSR.
Citizens of the Kyrgyz Republic, and also citizens of the former USSR have the right to recovery and safety of value of cash savings.
The state guarantees recovery and ensuring safety of value of cash savings of the citizens (further - guaranteed savings of citizens) placed:
- on deposits to commercial Elbank of the Kyrgyz Republic (ранееБанк savings and crediting of citizens of the Republic Kyrgyzstan) during the period till January 1, 1992;
- on deposits to the organizations of national insurance of the Kyrgyz Republic (earlier - the organizations of national insurance of the USSR operating in the territory of the Kyrgyz Republic) on long-term (accumulative) types of insurance during the period till January 1, 1992;
- in the bonds of the State target non-interest loan of 1990 which are not redeemed by the state from citizens and the bonds of the State internal premium bonds of the USSR of 1982 exchanged for bonds of the State 15 percent internal premium bonds of the Kyrgyz Republic of 1993 and the bond of the state treasury obligations of the USSR of 1990.
Guaranteed savings of citizens are the public internal debt of the Kyrgyz Republic.
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The document ceased to be valid since February 25, 2024 according to article 1 of the Law of the Kyrgyz Republic of January 22, 2024 No. 23