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Showing 11511160 of 8727 articles for Art. 2026 Finance Law

French Monetary and Financial CodeIn force
Subsection 2: Reorganisation and winding-up measures for credit institutions and investment firms

Article L613-31-3

Subject to the provisions of Articles L. 613-31-5 and L. 613-31-6 : 1° Reorganisation and winding-up measures decided by the competent authorities of a Member State other than France in respect of a c…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Subsection 2: Reorganisation and winding-up measures for credit institutions and investment firms

Article L613-31-6

…winding-up proceedings shall not affect :1° The rights in rem, within the meaning of the applicable law, of a creditor or a third party in respect of tangible or intangible assets, whether movable or…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Subsection 2: Reorganisation and winding-up measures for credit institutions and investment firms

Article L613-31-7

…ion from the provisions of Article L. 613-31-3 and II of Article L. 613-31-6, the provisions of the law of the Member State in which the winding-up proceedings have been opened relating to the nullity…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Subsection 2: Reorganisation and winding-up measures for credit institutions and investment firms

Article L613-31-1

This sub-section applies to the reorganisation measures and winding-up proceedings of credit institutions, investment firms other than portfolio management companies and their branches established wit…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Subsection 2: Reorganisation and winding-up measures for credit institutions and investment firms

Article L613-31-9

…of that State. In exercising these powers, the administrator or liquidator shall comply with French law, in particular with regard to the terms and conditions for realising assets or informing employe…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Subsection 2: Reorganisation and winding-up measures for credit institutions and investment firms

Article L613-31-10

The obligations to publicise abroad the measures referred to in Article L. 613-31-3, to inform creditors and to notify other interested public authorities of these measures are met pursuant to Article…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Subsection 3: Use of funds

Article L515-9

The Articles of Association determine the levies and commissions charged to the company on its transactions. A reserve fund known as the "legal reserve", equal to half the share capital, is set up in…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Subsection 3: Use of funds

Article L515-8

The capital, the reserve funds and the guarantee fund are allocated to guarantee the sureties given by the company in such a way as to serve as a provision for bills, notes and commitments, in the abs…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Subsection 2: Articles of association

Article L515-5

Mutual guarantee companies are commercial companies.

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Subsection 2: Articles of association

Article L515-6

…the company's capital to less than the initial capital to which it is subject in its capacity as a finance company. The repayment may not exceed either the value of the shares of the resigning member…

AI translation · Updated 7 Nov 2023Open Article
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