# Law No. 7274 of December 10, 1984

> Brazilian law

**Wikidata**: [Q105650298](https://www.wikidata.org/wiki/Q105650298)  
**Source**: https://4ort.xyz/entity/law-no-7274-of-december-10-1984

## Summary
Law No. 7274 of December 10, 1984, is a Brazilian statute that specifically alters provisions of Decree-Law 7.661, dated June 21, 1945, which is Brazil's Bankruptcy Law. This federal law was approved by the Presidency of the Federative Republic of Brazil and published in Brasília on the same date of its promulgation.

## Key Facts
- **Full Title:** Lei nº 7274, de 10 de dezembro de 1984
- **Aliases:** Lei nº 7274, de 10 de dezembro de 1984
- **Classification:** Instance of a "statute"
- **Country:** Brazil
- **Jurisdiction:** Applies to Brazil
- **Purpose (Law Digest):** Alters provisions of Decree-Law 7.661, of June 21, 1945 (Bankruptcy Law).
- **Main Subjects:** Time limit ("Prazo"), change ("Alteração"), and legal norm ("Normas").
- **Approval:** Approved by the Presidency of the Federative Republic of Brazil, specifically by João Figueiredo, on December 10, 1984, through promulgation.
- **Publication Date:** December 10, 1984
- **Place of Publication:** Brasília
- **Language:** Brazilian Portuguese
- **Official Citation:** Lei nº 7274/1984
- **Online Availability:** Work available at https://www.planalto.gov.br/ccivil_03/leis/l7274.htm
- **LexML Brazil ID:** urn:lex:br:federal:lei:1984-12-10;7274
- **Wikimedia Project Focus:** On the focus list of WikiProject Brazilian Laws

## FAQs
**What is Law No. 7274 of December 10, 1984?**
This law is a federal Brazilian statute enacted on December 10, 1984. Its primary function is to modify specific provisions within Brazil's existing Bankruptcy Law, Decree-Law 7.661 of 1945.

**When and where was this law published?**
Law No. 7274 was published on December 10, 1984, in Brasília, the capital of Brazil. This date also marks its promulgation by the Presidency.

**Who approved Law No. 7274?**
The law was approved by the Presidency of the Federative Republic of Brazil. Specifically, it was promulgated by João Figueiredo, who was the President at that time.

**What is the primary subject matter of this law?**
The law's main subjects are related to "time limit," "change," and "legal norm," as it specifically alters existing provisions of the Bankruptcy Law. This indicates its focus on modifying legal rules and potentially deadlines within the context of bankruptcy proceedings.

**How is this law officially identified?**
It is officially identified by its legal citation, Lei nº 7274/1984, and has a unique LexML Brazil ID: urn:lex:br:federal:lei:1984-12-10;7274. The full title is Lei nº 7274, de 10 de dezembro de 1984.

## Why It Matters
Law No. 7274 of December 10, 1984, holds significance as a direct amendment to Brazil's foundational Bankruptcy Law (Decree-Law 7.661 of 1945). By altering provisions related to "time limit," "change," and "legal norm," this statute played a role in shaping the operational framework for bankruptcy proceedings in Brazil. Its promulgation by the Presidency underscores its official authority and its integration into the country's legal system, affecting how businesses and individuals navigate financial insolvency. As a formal written document, it contributes to the body of statutory law, providing concrete legal rules that govern a critical aspect of the Brazilian economy and legal landscape.

## Notable For
- **Specific Amendment:** Directly alters provisions of Brazil's Decree-Law 7.661 of 1945, the Bankruptcy Law.
- **Presidential Promulgation:** Approved and promulgated by João Figueiredo, then President of the Federative Republic of Brazil.
- **Official Identification:** Possesses a unique LexML Brazil ID (urn:lex:br:federal:lei:1984-12-10;7274) and a standard legal citation (Lei nº 7274/1984).
- **Inclusion in WikiProject:** Featured on the focus list of WikiProject Brazilian Laws, indicating its recognized status within legal documentation efforts.

## Body

### Overview and Classification
Law No. 7274 of December 10, 1984, formally titled "Lei nº 7274, de 10 de dezembro de 1984," is a federal Brazilian statute. It is also known by its alias, "Lei nº 7274, de 10 de dezembro de 1984." As an instance of a "statute," it is a formal written document that creates law, serving as a manifestation of statutory law within the Brazilian legal system.

### Purpose and Scope
The primary purpose of Law No. 7274 is to modify existing legislation. Its law digest explicitly states that it "ALTERA DISPOSITIVOS DO DECRETO-LEI 7.661, DE 21 DE JUNHO DE 1945 - LEI DE FALENCIAS." This means it alters specific provisions of Decree-Law 7.661 of 1945, which is Brazil's Bankruptcy Law. The main subjects addressed by this law are identified as "time limit" ("Prazo"), "change" ("Alteração"), and "legal norm" ("Normas"), indicating its role in adjusting the rules and potentially the timelines governing bankruptcy procedures.

### Enactment and Publication
This statute was approved by the Presidency of the Federative Republic of Brazil. Its promulgation occurred on December 10, 1984, by João Figueiredo, who was the President at the time. The law was published on this same date in Brasília, the capital city of Brazil.

### Jurisdiction and Language
Law No. 7274 applies specifically to the jurisdiction of Brazil. The official language of the work is Brazilian Portuguese, reflecting the country's national language and legal tradition.

### Official Identification and Access
The law is officially cited as "Lei nº 7274/1984." It is assigned a unique LexML Brazil ID of "urn:lex:br:federal:lei:1984-12-10;7274," which serves as a persistent identifier within the Brazilian legal information system. The full text of the law is publicly available online at the URL: https://www.planalto.gov.br/ccivil_03/leis/l7274.htm. Furthermore, this law is recognized within the Wikimedia community, being included on the focus list of WikiProject Brazilian Laws.

### Context as a Statute
As a "statute," Law No. 7274 is a foundational legal concept. A statute is defined as a formal written document that creates law, encompassing acts, executive orders, and by-laws. It functions as the official record of legal rules enacted by a government or authority. Statutes are created through legislation and result in statutory law. In many jurisdictions, including the United States and France, statutes are considered to be in the public domain, ensuring public access to legal texts.

### Brazilian Legal Context
Law No. 7274 originates from Brazil, a federal republic located in South America. Brazil's legal system operates under a federal structure, with laws enacted at federal, state, and municipal levels. The country's government is characterized by a presidential system and a representative democracy. The promulgation of this law by the Presidency of the Federative Republic of Brazil underscores its status as a federal legal instrument, binding across the national territory.

## References

1. [Source](https://www.lexml.gov.br/urn/urn:lex:br:federal:lei:1984-12-10;7274)
2. [Source](https://legislacao.presidencia.gov.br/atos?tipo=LEI&numero=7274&ano=1984&data=10/12/1984&ato=1faoXRE1UeBpWTc47)
3. LexML Brasil