of October 20, 2007 No. ZR-199
About introduction of amendments to the Law of the Republic of Armenia "About banks and banking activity"
Accepted by National Assembly of the Republic of Armenia on October 11, 2007
Article 1. Regarding the 2nd article 2 of the Law of the Republic of Armenia "About banks and banking activity" (of June 30, 1996, word ZR-68)", credit institutions and the insurance companies" shall be replaced with words ", investment societies, credit institutions and the insurance companies".
Article 2. In the fourth paragraph of part 6 of article 36 of the Law of the word", credit institutions and the insurance companies" shall be replaced with words ", investment societies, credit institutions and the insurance companies".
Article 3. In the Item "in" parts 1 and regarding the 2nd article 72 of the Law of the word", credit institutions and the insurance companies" shall be replaced with words ", investment societies, credit institutions and the insurance companies".
Article 4. This Law becomes effective in four months after official publication.
President of the Republic of Armenia
R. Kocharyan
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