Releases of attachments or embargoes of Investment Certificates
Notice of the releases should be served by the Court Clerk on the Legal Department of the Central Bank.
- In the case of an Investment Certificate pledged as collateral to a bank, the notice served by the Court Clerk must contain the seal of the institution and the signature of the authorized person. A copy of the act that constitutes service of notice of the attachment must be annexed to the Investment Certificate, for purposes if identification of the investment that is encumbered and discharged.
- When the release is court-ordered, a certified copy of the Judgment or Ordinance of reference, whichever applies, duly signed, must be attached to the notice served by the Court Clerk.
- In the case of an out-of-court release, the interested party or beneficiary of the release must serve notice of act with the signatures of both parties, the party that served notice of the attachment, as well as the party that has benefited from the release. Similarly, you must attach a copy of the act of attachment.