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Act on Regulation of Receiving of Capital Subscription, Deposits and Interest on Deposits (Act No. 195 of 1954)

e-Gov Law Search (Digital Agency)

Claims Supported by This Source

  1. Article 1: No person shall receive capital subscriptions from many and unspecified persons by explicitly or implicitly indicating that the full amount of the subscription or an amount exceeding it will be paid back at a later date.
  2. Article 2: No person shall accept deposits as a business, except for those for whom special provisions exist in other laws.

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