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LAW OF THE REPUBLIC OF MOLDOVA

of November 20, 2015 No. 202

About modification and amendments in article 15 of the Law on financial institutions No. 550-XIII of July 21, 1995

The Parliament adopts this organic law.

In article 15 of the Law on financial institutions No. 550-XIII of July 21, 1995 (repeated publication: The official monitor of the Republic of Moldova, 2011, Art. No. 78-81, 199), with subsequent changes to make the following change and addition:

part (to add 1) with Item c) the following content:

"c) any owner cannot contribute shares in the authorized capital of bank as contribution to the authorized capital of the commercial organization of the bank share.";

part (1-1) to recognize invalid.

Chairman of the parliament

Andrian Kandu

 

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