Name | Requirement to crete a list of debtors followed by licence revocation |
---|---|
Description | If some members and creditors do not claim their money or debt, the Savings and Credit Union shall establish a list of customers to be paid back, following which the Bank of the Lao PDR shall, after verifying the list, issue a written notification of licence revocation within 10 working days of receiving the list |
Comments | - |
Validity From | 03-06-2008 |
Validity To | 31-12-9999 |
Reference | Article 65 |
Status | Active |
Measure Type | Other measures |
Agency Name | Bank of the Lao PDR |
Legal Document | Regulation For Savings and Credit Unions No. 03/BOL, dated 3 June 2008 |