# Law No. 8863 of March 28, 1994

> Brazilian law

**Wikidata**: [Q105647492](https://www.wikidata.org/wiki/Q105647492)  
**Source**: https://4ort.xyz/entity/law-no-8863-of-march-28-1994

## Summary
**Law No. 8863 of March 28, 1994** (Lei nº 8.863) is a Brazilian statute enacted to alter the provisions of Law 7.102, dated June 20, 1983. Promulgated by President Itamar Franco in Brasília, it serves as a formal legal instrument addressing regulations concerning heritage, financial institutions, public bodies, and legal norms. It is classified as a statute (statutory law) applicable to the jurisdiction of Brazil.

## Key Facts
- **Official Title:** Lei nº 8.863, de 28 de março de 1994.
- **Entity Type:** Statute (formal written document that creates law).
- **Date of Promulgation:** March 28, 1994.
- **Approving Authority:** Presidency of the Federative Republic of Brazil (Itamar Franco).
- **Primary Function:** Alters Law 7.102 of June 20, 1983 ("Altera a Lei 7.102, de 20 de junho de 1983").
- **Jurisdiction:** Brazil.
- **Place of Publication:** Brasília.
- **Language:** Brazilian Portuguese.
- **Legal Citation:** Lei nº 8863/1994.
- **Lexml Brazil ID:** `urn:lex:br:federal:lei:1994-03-28;8863`.
- **Official URL:** Available at `https://www.planalto.gov.br/ccivil_03/leis/l8863.htm`.
- **Subject Areas:** Heritage (Patrimonio), Service (Serviço), Natural Person (Pessoa Fisica), Financial Institution (Instituição Financeira), Budget Management Department (Orgão Publico), Limitation, Definition, Legal Norm, Activity, and Device (Law).

## FAQs
**What is the specific legal function of Law No. 8863?**
The law functions as an amendment to previous legislation. Specifically, it alters the text and provisions of **Law 7.102**, which was originally enacted on June 20, 1983.

**Who signed Law No. 8863 into effect?**
The law was approved and promulgated by the **Presidency of the Federative Republic of Brazil**, acting under the administration of President **Itamar Franco**, on March 28, 1994.

**What topics and entities does Law No. 8863 cover?**
The statute covers a broad range of legal subjects including **heritage** (patrimony), **financial institutions**, **public bodies** (budget management departments), and **services**. It also addresses legal definitions, limitations, legal norms, and the status of natural persons.

**Where is the official text of Law No. 8863 housed?**
The official text is accessible digitally via the **Planalto Palace** website (`planalto.gov.br`) and is indexed under the **Lexml Brazil** network with the identifier `urn:lex:br:federal:lei:1994-03-28;8863`. It is categorized under **WikiProject Brazilian Laws**.

## Why It Matters
Law No. 8863 matters as a specific instrument of statutory law within the Brazilian legal system, enacted during the transition period of the Itamar Franco government. By altering Law 7.102/83, it demonstrates the ongoing legislative maintenance required to update existing legal frameworks. Its focus on financial institutions, public organs, and heritage suggests a regulatory role in the administrative and economic sectors of Brazil during the early 1990s. As a statute, it represents the manifestation of statutory law—a formal, written rule that is part of the public domain and essential for the enforceability of government policy.

## Notable For
- **Amendment of Established Law:** Specifically targets and modifies the provisions of the 1983 Law 7.102.
- **Broad Regulatory Scope:** Uniquely bridges subjects ranging from financial institutions and public administration to heritage and service definitions.
- **Historical Context:** Enacted on March 28, 1994, shortly before the implementation of the Real Plan (which introduced the new Brazilian currency in July 1994), during the presidency of Itamar Franco.
- **Statutory Classification:** Serves as a concrete example of a "statute"—a formal written document creating law—distinguished from general legal concepts.

## Body

### Legislative Status and Definition
Law No. 8863 of March 28, 1994, is formally classified as a **statute** (Estatuto). In the context of legal theory, it is a formal written document intended to create or modify law. It functions as a manifestation of statutory law and operates under the jurisdiction of **Brazil**. As a legal document, it is considered a "legal term or legal concept" and is recognized as a subclass of "written work" and "document." It was created through the act of legislation and serves as the official record of the legal rules it enacts.

### Content and Subject Matter
The primary legal effect of Law No. 8863 is the alteration of **Law 7.102 of June 20, 1983**. While the full text is hosted externally, the structured data identifies a diverse set of main subjects regulated or defined by this statute:
- **Institutional Entities:** It addresses regulations concerning **financial institutions** (Instituição Financeira) and **budget management departments** (Orgão Publico).
- **Legal Concepts:** It provides definitions (Definição), sets limitations (Limitação), and establishes legal norms (Normas).
- **Scope of Application:** The law applies to **services** (Serviço), **activities** (Atividade), and matters involving **natural persons** (Pessoa Fisica).
- **Asset Protection:** It explicitly lists **heritage** or assets (Patrimonio) as a core subject.

### Provenance and Authority
The statute was officially approved by the **Presidency of the Federative Republic of Brazil**. The promulgation took place on **March 28, 1994**, with President **Itamar Franco** serving as the head of state. The place of publication was **Brasília**, the federal capital of Brazil. The language of the work is **Brazilian Portuguese**.

### Identification and Access
To facilitate legal research and digital access, Law No. 8863 is indexed with several identifiers:
- **Lexml Brazil ID:** `urn:lex:br:federal:lei:1994-03-28;8863`
- **Legal Citation:** `Lei nº 8863/1994`
- **Web Access:** The full text is available at the official government portal: `https://www.planalto.gov.br/ccivil_03/leis/l8863.htm`.

The entity is tracked by **WikiProject Brazilian Laws** and is referenced via the `legislacao.presidencia.gov.br` and `lexml.gov.br` authorities. As an official government edict in Brazil, it falls under the broader category of public domain legal documents, ensuring public accessibility to its contents.

## References

1. [Source](https://www.lexml.gov.br/urn/urn:lex:br:federal:lei:1994-03-28;8863)
2. [Source](https://legislacao.presidencia.gov.br/atos?tipo=LEI&numero=8863&ano=1994&data=28/03/1994&ato=b17ATTE50dJpWT167)
3. LexML Brasil