French Monetary and Financial CodeIn force
Section 1: UCITS.
Article D214-3
The initial capital of an open-ended investment company may not be less than €300,000.
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Showing 5181–5190 of 28351 articles for “Art. 28 mai 1997”
The initial capital of an open-ended investment company may not be less than €300,000.
A professional private equity fund may borrow up to 30% of its assets.
The employment contract may include a trial period of no more than three months.
No person may use the services of a person who does not comply with the provisions of this section.
The establishment's funds may be deposited in a banking institution, with the authorisation of the Minister responsible for the budget.
A section may at any time decide to refer a case back to the full court..
The liquidator may not, in his capacity as agent, be declared the purchaser of the debtor's immovable property.
The company may not be subject to disciplinary proceedings independently of those brought against the partners.
The Board's decision on the application for recusal may only be appealed together with the decision on the objections.
Suspension and, where applicable, immediate dismissal may not exceed the remainder of the term of office.
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