On Compliance of Section 59.2, Section 59.3, Section 59.4, Section 117 (4) Para 3, Section 173 (4) and Section 185 (1) Prim of the Credit Institutions Law with Article 1, Article 90, Article 91, Article 92 and Article 105 of the Satversme of the Republic of Latvia
Case short name: The Transition of a Credit InstitutionConstitutional Courtheld:
1) proceedings in respect to compliance of Section 592 (3) of the Credit Institutions Law with Article 1 of the Satversme of the Republic of Latvia regarding the principle of an independent democratic state shall be terminated;
2) proceedings in respect to compliance of Section 592, Section 593, Section 594, Section 117 (4) indent 3, Section 173 (4) and Section 185 (1) Prim of the Credit Institutions Law with Article 91 of the Satversme of the Republic of Latvia shall be terminated;
3) Section 592, Section 593, Section 594, Section 117 (4) indent 3, Section 173 (4) and Section 185 (1) Prim of the Credit Institutions Law do comply with Article 1, Article 90, Article 92 and Article 105 of the Satversme of the Republic of Latvia.