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Law No. 4.829 creating the rural credit.

Country/Territory
Brazil
Document type
Legislation
Date
1965
Source
FAO, FAOLEX
Subject
Agricultural & rural development, Livestock
Keyword
Credit Financial agricultural measures Agricultural development Animal health Animal production
Geographical area
Amazonia, Americas, Latin America and the Caribbean, North Atlantic, South America, South Atlantic
Entry into force notes
This Law enters into force on the day of its publication.
Abstract

This Law, consisting of 8 Chapters, creates the rural credit. The specific objectives of the rural credit are: to stimulate the growth of orderly rural investments, including storage processing and manufacturing of agricultural products, when made by cooperatives or by the producer on his farm; to encourage timely and adequate funding for the production and marketing of agricultural products; to enable the economic empowerment of farmers, especially small and medium producers; to encourage the introduction of rational methods of production, aimed at increasing productivity and improving the standard of living of rural populations, and the proper environmental protection of the soil; etc. The Law is divided as follows: Rural Credit System (Chap. II); Rural Credit Structure (Chap. III); Rural Credit Resources (Chap. IV); Rural Credit Instruments (Chap. V); Rural Credit Guarantees (Chap. VI); Transitional and General Provisions (Chaps. VII and VIII).

Full text
Portuguese
Website
www.planalto.br

References - Legislation

Implemented by

Decree No. 58.380 regulating the Rural Credit.

Legislation | Brazil | 1966 (2016)

Keyword: Credit, Financial agricultural measures, Agricultural development, Animal health, Animal production

Source: FAO, FAOLEX