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Showing 3891–3900 of 30844 articles for “Art. 454 al. 4–7”
I.-The investor is exempt from the authorisation requirement set out in this chapter: 1° Where the investment is made between entities all belonging to the same group, i.e. more than 50% of the capita…
The rules relating to capital increases reserved for employees are defined by the provisions of Chapter III of Title IV of Book IV of the French Labour Code and by Articles R. 225-113 to R. 225-116 of…
Contributions in kind made at the formation of a fonds commun de placement are valued under the same conditions as subsequent contributions of securities and in accordance with the procedures set out…
The management company reports to unitholders on the appointment of its corporate officers and employees to the positions of manager, director, member of the management board or member of the supervis…
A local investment fund : 1° May not hold more than 35% of the capital or voting rights of any single issuer. However, due to the exercise of exchange, subscription or conversion rights and in the int…
I. - If the fund rules provide for capital to be called up in stages, it shall be paid up by the unitholders at the request of the management company before the end of the lock-up period provided for…
For the purposes of 1° of I of article L. 214-31, a company is deemed to carry out its activities mainly in establishments located in the regions or geographical area chosen by a local investment fund…
After making a declaration to the Autorité des marchés financiers and to the tax department with which its management company files its income tax return, a local investment fund may enter into a pre-…
During the pre-liquidation period, the fund : 1° May no longer arrange for new subscriptions of units other than those of its unitholders on the date of its entry into the pre-liquidation period in or…
For the companies mentioned in 3° of I of article L. 214-31, the condition of exclusive ownership is met when securities giving access to the capital of companies whose purpose is not to hold financia…
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