The National Council of Business (CONEP) and the Foundation for Justice and Institutionalism (FINJUS) have joined forces to argue the unconstitutionality of Law 92-04, on Systemic Risks in the Financial Sector, and Article 77 of the Monetary Code. Law 92-04, which was approved last January, produced the Exceptional Program of Risk Prevention of Intermediary Financial Institutions. In the brief filed by CONEP and FINJUS with the Supreme Court, lawyers Juan Manuel Pellerano and Eduardo Jorge Prats deem the case to be ?serious and important.? They give plenty of arguments to back their case, pointing out that the law violates the principle of rationality on at least five occasions, and on four occasions they say it violates due process. They furthermore maintain that property rights and the autonomy of the Monetary Board and the Central Bank are cast aside, along with the right to take exception to any of the provisos. The law also suspends certain rights guaranteed under the Constitution. One of the major sticking points in the lawyers? arguments on the irrationality of the law is to do with Article 10, which orders the return of all deposits within thirty days from the time a financial institution that has been forced to undergo the Exceptional Program is declared unviable. According to the lawyers, this is one of the most unreasonable articles in the law because it creates a situation of even higher moral risk, since the bankers, knowing that the law will guarantee 100% of the deposits, have no incentive to manage their money in a prudent manner. This law was one of the prerequisites established by the IMF in order to resume the Standby Agreement.