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50 Pesos
| Issuer | Provincia de Buenos Aires |
|---|---|
| Year | 2001-2002 |
| Type | Log in to see details |
| Value | 50 Pesos (50 ARS) |
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|---|---|
| Obverse lettering | 50 PROVINCIA DE BUENOS AIRES LETRA DE TESORERIA PARA CANCELACION DE OBLIGACIONES (PATACON) AL PORTADOR LEY Nº 12.727 50 PESOS Víctor E. Pereira Contador General de la Provincia de Buenos Aires Amílcar Zufriategui Tesorero General de la Provincia de Buenos Aires CINCUENTA PESOS VALOR NOMINAL DARDO ROCHA (Translation: Buenos Aires Province Treasury Bill for Cancellation of Obligations (Patacón) To the Bearer. Law No. 12,727. Fifty Pesos Nominal Value. Dardo Rocha.) |
| Reverse description | Central text block enclosed within an ornate engraved scrollwork border reproduces selected articles of Law No. 12,727, set over a blue guilloche vignette of a classical public building. A tall decorative column element occupies the left margin, while large denomination numerals '50' and 'PESOS' in bold blue letterpress anchor the upper and lower right. A geometric guilloche rosette in red and white appears at lower right, and the printer's imprint 'CICCONE' is visible at lower left. |
| Reverse lettering | 50 50 PESOS LEY Nº 12.727 ARTICULO 1º: "Declárese en estado de emergencia administrativa, económica y financiera al Estado Provincial..." ARTICULO 7º: "Apruébase la emisión de Letras de Tesorería para Cancelación de Obligaciones, las que se denominarán "Patacón"... Los títulos serán emitidos bajo las modalidades de los Artículos 742, 744 y 745 del Código de Comercio." ARTICULO 8º: "Las Letras de Tesorería para Cancelación de Obligaciones pagarán el ciento siete por ciento (107%) de su valor nominal el 25 de julio de 2002... Las Letras de Tesorería serán nominadas en pesos..." ARTICULO 11º: "El pago efectuado al acreedor mediante Patacones o Bonos de Cancelación de Obligaciones, importará la extinción irrevocable de los créditos por los que se efectúe la entrega." (Translation: Text of the law declaring administrative, economic and financial emergency and enacting the issuance of these provincial treasury titles.) |
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