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20 Pesos

Issuer Provincia de Córdoba
Year 1995
Type Local banknote
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Obverse description Rose-pink note with a central large numeral '20' vignette and inscription 'PESOS' beneath it, set against a fine guilloche underprint. The provincial arms of Córdoba appear at upper left, with the heading 'PROVINCIA DE CORDOBA' in bold letterpress. Below the denomination the note is identified as a 'CERTIFICADO DE CANCELACION DE OBLIGACIONES' under Ley 8472, with emission date 01-08-95; two manuscript signatures appear at lower centre, attributed to the Minister of Finance and the Governor. Three detachable coupon stubs (CUOTA 1, 2, 3) are attached at right, each bearing the matching serial number, series letter, the CECOR legend, and respective maturity dates.
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Reverse description Plain off-white reverse bearing a full printed text of Ley N° 8472 (as modified by Ley N° 8482) in small black type, arranged in justified columns across the entire surface. The text sets out the legal framework authorising the Provincia de Córdoba to issue the Certificados de Cancelación de Obligaciones (CECOR) and regulates their terms, interest rate of 12% per annum, quarterly amortisation schedule, and conditions for early redemption and use as payment to provincial entities. A faint decorative guilloche border frames the verso.
Reverse lettering LEY N° 8472 (modificado por Ley N° 8482)
ARTICULO 48
ARTICULO 50
ARTICULO 51
ARTICULO 52
ARTICULO 53
ARTICULO 17 (Ley N° 8482)
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