Law Subjecting Banks That Suspend Payments to Special Provisions

Type

Law

Number

2

Date of the text

16/01/1967

Official Gazette

published in 1967

Status today

In force, amended as of 27/08/2026

Articles

21

What it provides

This law subjects Lebanese banks that cease payments to special rules, defines the cases in which a bank is deemed to have stopped paying, and allows the central bank governor, creditors or the bank itself to request its application before the competent court, which appoints a temporary manager under its supervision.

What has changed this text

• Amended by Decree-Law No. 44/1967 of 05/08/1967, articles 11, 12

The full text

This act was published in the Lebanese Official Gazette in 1967. Its full text and the original scan are in the Gherbal National Gazette archive.