Amendment of Certain Provisions of Law No. 2-67 Issued on 16-1-1967 Subjecting Banks That Suspend Payment to Special Provisions

Type

Decree-Law

Number

44

Date of the text

05/08/1967

Official Gazette

published in 1967

Status today

In force as of 27/08/2026

Articles

8

What it provides

This legislative decree amends provisions of Law 2/67 on banks that cease payments, creating a special committee to follow up on a failing bank and seek buyers for it or its shares, and empowering the liquidation committee to establish a successor company with court approval if no solution is reached within the deadlin

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.