Microsoft Word Microfinance development in Uzbekistan Eng doc

ORGANIZATIONS
 
 Article 32. Procedure for Receiving a Registration Certificate for a Micro-credit 
Organization
 
The registration certificate in Central Bank-developed form shall be a document 
which certifies the right of micro-credit organization not entitled to accept deposits and non-
profit micro-credit organizations. 
Applications for registration certificates along with all required documentation shall 
be reviewed by the Central Bank within 15 calendar days of their receipt. 
The Central Bank shall issue legal documentation in three copies: 
• One copy shall be issued to the CEO of the micro-credit organization after he/she 
signs it; 
• One copy shall be kept at the Central Bank; 
• One copy shall be sent to the Main Territorial Department of the Central Bank at 
the location of the micro-credit organization. 
Article 33. Documentation Required for Registration Certificate
In order to obtain a registration certificate, the following must be submitted to the 
Central Bank: 
• Application in Central Bank-approved form for a registration certificate of a 
micro-credit organization; 
• Minutes of the General Meeting of the Founders about the establishment of a 
micro-credit organization (in case of more than one founder); 
• Notarized copy of the certificate of state registration of the micro-credit 
organization; 
• Charter or statute of the micro-credit organization (original or notarized copy); 
• Business-plan of the micro-credit organization; 
• List of founders indicating 
o
For individuals: 
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Family name, first name, patronymic, passport data, mailing 
address, telephone numbers; 
o
For legal entities: 
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Full title, mailing address, telephone numbers, bank account 
information; 
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Bank receipt showing payment of the registration fee; 

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List of managerial staff of executive body of the micro-credit 
organization; 
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Bank document certifying the generation of the micro-credit 
organization’s minimum chartered capital. 
This list of documents is exhaustive. Requests to submit documentation not 
stipulated in this Law shall not be permitted. 
Documentation shall be personally delivered to the Central Bank or to its territorial 
department by the applicant. 
For providing false or inaccurate information, the applicant shall be responsible in 
accordance with legislation.