Law of Associations enter into force and allows groups to purchase services
This article was translated by an automatic translation system, and was therefore not reviewed by people.
SÃO PAULO - comes into force, this Friday (06), the new Law of Associations, sanctioned by President Luiz Inácio Lula da Silva in October of last year.
Among the major changes, there is the fact that, from now on, is allowed to form groups of consortia purchasing of services, not just more of movable and immovable property. Thus, through this instrument, you can buy dental prostheses, plastic surgery, computer packages, access to post-graduate abroad, travel, among other services.
Moreover, the new law allows customers to use the included credit card to remove funds in banks. The president of Abaca (Brazilian Association of Administrators of Consortium), Rodolfo Montosa, a decision that is very beneficial to consumers, as it allows borrowers to finance transfer of property to the consortium. The same process can be adopted by those who financed a vehicle at very high costs, making the consumer no longer pay the high interest, mainly because the system they Consortia exist.
Changes
With the new law, the term consortium will be defined as a meeting of individuals or companies in a group, with a term of duration and number of shares previously determined, promoted by a consortium of management, with the aim to assist members in equal, the purchase of goods or services through self.
From now on, the group of consortium will be represented by its manager and the consortium should choose, in general meeting, three participants who will represent them before the Administrator.
Moreover, the interests of the consortium group prevails over the interest of individual consortium. The group of consortium is autonomous in relation to the other and has its own heritage, which is not to be confused with another group or with their own manager.
To Montosa, this law is an achievement of the consortia system, giving better stability to the legal activity, even more relevant given the current circumstances of global restrictions on credit. "Brazil seeks a society based not only on credit and indebtedness of people, but the discipline of planning and saving for the planned purchase of equity and training."
Consortia
The System Consortia closed in 2008 to R $ 60 billion in assets managed. Even last year, handled financial resources in the order of $ 20 billion. Were sold 1.78 million new shares and 820 thousand covered consortium. In December, there were 3.63 million participants.
Source: Infomoney
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This article was translated by an automatic translation system, and was therefore not reviewed by people.
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