1. Licensed Financial Institutions shall obtain and maintain adequate guarantees for all types of facilities provided to natural persons and sole proprietorships customers, commensurable with the customer’s income, or the guarantee, if any, and the size of required facilities, as determined by the Central Bank from time to time. 2. A claim, a lawsuit, or a plea shall not be admissible before competent judicial authorities or arbitration tribunals if filed by a Licensed Financial Institution in respect of credit facilities extended to a natural person or a sole proprietorship, in case such institution had failed to ensure obtaining or maintaining the guarantees referred to in item (1) of this article. 3. The Central Bank may impose administrative or financial sanctions it deems appropriate on those Licensed Financial Institutions violating the provisions of item (1) of this article, in accordance with Article (168) of this decree-law.
Interpretation and application must be checked against the official text and current version.