Ley 34 de 1993 | Ley 34 de 1993 — Colombia law | Esheria

Ley 34 de 1993

This law sets rules and criteria for refinancing the debt of coffee, cotton, rice, and other agricultural sector producers.

Jurisdiction
Colombia
Instrument
Act or statute
Citation
Ley 34 de 1993
Version
Undated source snapshot
Language
es
Updated
Official source
View official record ↗
agricultural production agricultural sector coffee portfolio coffee sector finance credit flow debt refinancing loan refinancing refinancing

Statute overview

About this statute

This law sets rules and criteria for refinancing the debt of coffee, cotton, rice, and other agricultural sector producers. La Junta Directiva del Banco de la República debe adoptar mecanismos para facilitar la refinanciación de créditos agrícolas, con concepto previo de la Comisión Nacional de Crédito Agropecuario. La Junta Directiva del Banco de la República y el Gobierno Nacional deben adoptar mecanismos para asegurar crédito suficiente al sector agrícola cuando haya situaciones económicas críticas para los productores. This article is marked inexequible. The Government must take necessary measures to refinance the coffee portfolio rediscounted by Finagro and determine the resources to support those refinancings.

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