Case No 2010-60-01

Applicant: 9.Saeimas deputāti: Valērijs Agešins, Jānis Urbanovičs, Aleksejs Holostovs, Boriss Cilēvičs, Martijans Bekasovs, Sergejs Fjodorovs, Igors Pimenovs, Sergejs Mirskis, Oļegs Deņisovs, Nikolajs Kabanovs, Aleksejs Vidavskis, Ivans Klementjevs, Mihails Zemļinskis, Ivans Ribakovs, Vitālijs Orlovs, Jānis Tutins, Andrejs Klementjevs, Valērijs Buhvalovs, Vladimirs Buzajevs un Miroslavs Mitrofanovs
Date of the judgment: 30.03.2011.
Official publication: 31.03.2011.

On Compliance of Section 59.2, Section 59.3, Section 59.4, Section 117 (4) Para 3, Section 173 (4) and Section 185 (1) Prim of the Credit Institutions Law with Article 1, Article 90, Article 91, Article 92 and Article 105 of the Satversme of the Republic of Latvia

Case short name: The Transition of a Credit Institution

Constitutional Courtheld:
1) proceedings in respect to compliance of Section 592 (3) of the Credit Institutions Law with Article 1 of the Satversme of the Republic of Latvia regarding the principle of an independent democratic state shall be terminated;
2) proceedings in respect to compliance of Section 592, Section 593, Section 594, Section 117 (4) indent 3, Section 173 (4) and Section 185 (1) Prim of the Credit Institutions Law with Article 91 of the Satversme of the Republic of Latvia shall be terminated;
3) Section 592, Section 593, Section 594, Section 117 (4) indent 3, Section 173 (4) and Section 185 (1) Prim of the Credit Institutions Law do comply with Article 1, Article 90, Article 92 and Article 105 of the Satversme of the Republic of Latvia.

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Press-releases

• A judgment in the case on norms of the Credit Institutions Law regulating transfer of credit institutions has been adopted

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