Paper
Decree on Proclamation of the Law on Microcredit Organizations
A rule book for microcredit organizations in Bosnia and Herzegovina
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6 pages
This is an official document discussing the rules and regulations for microcredit organizations in Bosnia-Herzegovina. The document is divided in six sections, with each containing various articles discussing different rules:
Section I and II discuss:
- General provisions and the purpose of a microcredit organization;
- Ways and means of establishing such organizations;
- Various activities and obligations associated with these organizations.
Section III and IV deal with:
- Procedures for registrations and points for consideration while registering these organizations;
- Laws regarding mergers and termination.
Section V and VI highlight:
- Laws regarding the penal interest for violating the prescribed guidelines;
- Deadlines in terms of time taken so as to bring out any changes in the organizational structure.
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