[5] The party was reborn officially on 30 June 1981[6] with a view to participating in the 1984 elections, though this time the 'Jewish vote' was more widely dispersed.
Bazán and the Delvalles were again at its head, and the party was even more clearly allied to the country's wealthy elite, with policies of untrammeled free enterprise and embryonic authoritarianism.
[7] It joined the UNADE coalition behind official candidate Nicolás Ardito Barletta in 1984, winning 2 seats.
Eric Arturo Delvalle became First Vice-President, taking over the presidency when Nicolás Ardito Barletta was overthrown by the military on 27 September 1985, but he in turn was ousted on 27 February 1988 when he tried to dismiss Defense Forces chief Gen. Manuel Noriega.
[8] He refused to accept the action of the National Assembly in dismissing him from the latter post, and continued to be recognized thereafter as constitutional chief executive by the US government.