Disposal of the. certificate of deposit 10.5.4.1. the holder of the certificate of deposit is authorized to dispose the certificate of deposit following the terms established by the legislation, unless the certificate of deposit is used as a means of securing the bank claim. Furthermore, the bank is authorized to repurchase the certificate of deposit with the priority right. 10.5.4.2. certificate of deposit is disposed without processing additional agreement and the acquisition/disposal of the certificate of deposit by the client is registered at the certificate registry, the regulations and terms of functioning of which are determined by the bank.
Appears in 4 contracts
Samples: General Agreement for Rendering Banking Services, General Agreement for Rendering Banking Services, General Agreement for Rendering Banking Services to Individuals
