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| Name | Requirement for Restrictions in Involuntary Liquidation |
|---|---|
| Description | When a Deposit-Taking Microfinance Institution receives from the Bank of the Lao PDR the order to proceed with involuntary liquidation, it shall suspend the powers of the general assembly of shareholders and management and suspend all business activities. |
| Comments | - |
| Validity From | 20-06-2008 |
| Validity To | 31-12-9999 |
| Reference | Article 69 |
| Status | Active |
| Measure Type | Other measures |
| Agency Name | Bank of the Lao PDR |
| Legal Document | Regulation For Deposit-Taking MFIs No. 04/BOL, dated 20 June 2008 |