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50 Pesos
| Issuer | Provincia de Corrientes |
|---|---|
| Year | 2001 |
| Type | Log in to see details |
| Value | 50 Pesos |
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| Obverse description | The obverse is dominated by a large guilloche underprint in pale tones, with the denomination '50 / CINCUENTA PESOS' printed in blue at left and lower right. The title 'PROVINCIA DE CORRIENTES' appears at top centre in letterpress, beneath which the full instrument title 'CERTIFICADOS DE CANCELACIÓN DE OBLIGACIONES DE LA PROVINCIA DE CORRIENTES CECACOR' is inscribed. The Argentine national coat of arms is engraved at right, flanked by issue data including emission date (15/07/2001), maturity date (15/08/2002), series designation 'SERIE C — SEGUNDA EMISION', serial number at top right and lower left, and decree reference 'DECRETO – LEY N° 1/99 / AL PORTADOR', with two signature lines for the Ministro de Hacienda y Finanzas and the Interventor Federal de la Provincia de Corrientes. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse carries a dense block of legal text in Spanish over a light guilloche underprint, setting out the statutory framework of the CECACOR instrument under Decreto-Ley N° 1/99, 34/00, 114/01, 134/01 and Decreto N° 776/01, with articles specifying the authorisation, denomination, emission conditions, interest rate of four percent per annum, repayment terms, and permissible uses of the certificates. The heading 'CERTIFICADOS DE CANCELACION DE OBLIGACIONES DE LA PROVINCIA DE CORRIENTES (CECACOR)' is printed at top, and a decorative floral vignette appears at lower right. |
| Reverse lettering | CERTIFICADOS DE CANCELACION DE OBLIGACIONES DE LA PROVINCIA DE CORRIENTES (CECACOR) DECRETO – LEY N° 1/99, 34/00, 114/01 Y 134/01; DECRETO N° 776/01 Artículo 28°- Autorízase al Poder Ejecutivo a emitir certificados de cancelación de obligaciones hasta la suma total de pesos CUATROCIENTOS MILLONES ($400.000.000.-) Los Certificados se denominarán "Certificados de Cancelación de Obligaciones de la Provincia de Corrientes", en adelante "CECACOR". Artículo 29°- Los CECACOR se emitirán en una o más series, a saber: b.2. Hasta la suma de PESOS CIENTO CINCUENTA MILLONES ($150.000.000) que el Poder Ejecutivo podrá emitir en Serie "C"... Artículo 31°- El pago efectuado al acreedor mediante los CECACOR, importará la extinción irrevocable. Artículo 32°- El Poder Ejecutivo podrá rescatar anticipadamente la totalidad o parte de los CECACOR que se encuentren en circulación. Artículo 34°- Los CECACOR podrán ser utilizados por sus tenedores para la cancelación de obligaciones, cualquiera fuere su naturaleza, con el Estado Provincial, Entidades Autárquicas y Empresas. |
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