Laws on the ALTA bankruptcy and deposit insurance
All links lead to the official Legal Information System of the Republic of Serbia (publisher: the Official Gazette). The portal does not support links to individual articles: the whole law opens, so find the article by its number (“Član N”).
Law on Deposit Insurance
Section titled “Law on Deposit Insurance”Zakon o osiguranju depozita, “Službeni glasnik RS” 14/2015, 51/2017, 73/2019, 94/2024. Official text.
- art. 2: what counts as a deposit, who is insured, the €50,000 limit, the conversion rate
- art. 4: the guarantee of the Republic of Serbia
- art. 6: what the insurance fund consists of
- art. 13: extraordinary deposit-insurance premium paid by banks
- art. 14: budget funds and loans under a state guarantee
- art. 16: how the amount is calculated; AOD announces the payout terms within 3 working days of the court decision opening bankruptcy and payouts start within 7 working days; the money can be collected within 3 years
- art. 17: currency of the payout
- art. 18: the amount above the limit goes through bankruptcy
Law on Bankruptcy and Liquidation of Banks and Insurance Companies
Section titled “Law on Bankruptcy and Liquidation of Banks and Insurance Companies”Zakon o stečaju i likvidaciji banaka i društava za osiguranje, “Službeni glasnik RS” 14/2015, 44/2018. Official text.
- arts. 4, 6: the court opens bankruptcy no later than the next working day after receiving the National Bank’s decision
- art. 7: the court sets the claim deadline (by law 30 to 90 days); for ALTA the court set 90 days from publication of the notice in the Official Gazette (Službeni glasnik) (10 St 275/2026, item IV): claim for the amount above €50,000 — by 4 February 2027. Where this deadline comes from →
- art. 8: the bankruptcy administrator is AOD
- art. 16: inventory of assets
- art. 17: AOD verifies claims for up to 6 months after the filing deadline ends; the court hearing is held within 60 days after those 6 months
- art. 19: procedure costs and the insurance paid out are paid before any rank
- art. 20: payment ranks: the amount above the limit is in the first rank
- art. 22: where this law is silent, the general Law on Bankruptcy applies
Law on Bankruptcy (general)
Section titled “Law on Bankruptcy (general)”Zakon o stečaju, “Službeni glasnik RS” 104/2009 and later amendments. Official text.
- art. 16: bankruptcy is conducted by the court where the debtor has its registered office
- art. 54 para. 3: creditors of the same rank are paid in proportion to their claims
- art. 111: the claim is filed with the court in writing
Law on Banks
Section titled “Law on Banks”Zakon o bankama, “Službeni glasnik RS” 107/2005 and later amendments. Official text.
- art. 130: blocking of the bank’s accounts on the day the licence is revoked
Law on the National Bank of Serbia
Section titled “Law on the National Bank of Serbia”Zakon o Narodnoj banci Srbije, “Službeni glasnik RS” 72/2003 and later amendments. Official text.
AOD procedure
Section titled “AOD procedure”Procedure for the payout of insured deposits (AOD Managing Board, 04.11.2015): which documents are needed, how deposits of individuals (by personal ID number, JMBG) and of sole traders and companies (by tax number, PIB) are counted.