Practical Implications of Regime Change in the Microfinance Sector.

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Special Law for the Change of the Legal Regime of Non-Profit Organizations” was published in La Gaceta – “Official Gazette” No. 214, which, according to its text, has as purpose of establishing the procedure for the change of regime, from non-profit to commercial, of entities whose activity is to create financial or microfinance services, all in accordance with the law on the matter and that were constituted under the figure of Association or Foundation Non-Profit (hereinafter “OSFL”), having the maximum term to execute the transmission on February 13, 2023…