Santo Domingo.-The Senate approved in the first reading the bill that regulates the retentive embargo in the Dominican Republic, initiative authorship of senators Ricardo de los Santos, Cristóbal Venerado Castillo and Antonio Manuel Taveras Guzmán.
This significant piece establishes that “they are considered the object of the embargo, the credits and the movable property that are affected by the retentive embargo.”
He points out that this figure affects the goods included in the similar stock and furniture market, including financial products of any kind, without prejudice to the incorporated assets submitted or not to registration, in accordance with Chapter IV of the Law.
The initiative specifies that the procedural acts to work with retentive embargoes, to the lifting penalty, in accordance with the provisions of Title II, Chapter I, of the Law, can only affect a maximum of ten credits.
