Decree on Proclamation of the Law on Microcredit Organizations

This is an official document discussing the rules and regulations for microcredit organizations in Bosnia-Herzegovina. The document is divided in six sections, with each containing various articles discussing different rules:

Section I and II discuss:

• General provisions and the purpose of a microcredit organization;
• Ways and means of establishing such organizations;
• Various activities and obligations associated with these organizations.

Section III and IV deal with:

• Procedures for registrations and points for consideration while registering these organizations;
• Laws regarding mergers and termination.

Section V and VI highlight:

• Laws regarding the penal interest for violating the prescribed guidelines;
• Deadlines in terms of time taken so as to bring out any changes in the organizational structure.