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Article 57
 

1. The political parties could open accounts, funds or trusts in banking institutions located in Mexico for the investment of their liquid resources in order to obtain financial yields, subject to the following rules:


a) They should inform the General Council of the Institute of the opening of the respective account, fund or trust no later than five days after the signing of the contract in question, appending a true and accurate copy of it, issued by the private banking institution with which it was established;


b) The accounts, funds and trusts that are created will be managed in dept instruments issued by the Mexican government in the national currency and for a term that does not exceed one year;


c) In any case, the accounts, funds or trust will not be protected by the banking or fiduciary secrecy for the General Council of the Institute, and therefore the Council could request detailed information about their management and operations at any moment, and


d) The financial yields obtained through this modality should be used for the fulfillment of the aims of the political party.