ARTICLE 38: WHAT IS MEANT BY FINANCING OPERATIONS

For the purposes of article 15, section X, subsection b), first paragraph of the Law (LIVA: Art. 15), financing operations will be understood as those that have the character of active or passive credit, being understood as those that receive or pay interest who in accordance with the provisions of said subsection carry out the aforementioned operations.

Also included in the active financing operations, the credits granted by the funds or trusts that only operate with resources provided by the people indicated in the preceding paragraph or together with the governments of the Federal Entities.