French Monetary and Financial CodeIn force
Subsection 2: Articles of association
Article L515-5
Mutual guarantee companies are commercial companies.
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Showing 51–60 of 12261 articles for “Art. 515-7”
Mutual guarantee companies are commercial companies.
The directors of a mutual guarantee company are personally liable for any loss resulting from a breach of the articles of association or of the provisions of this section.
The Articles of Association determine the registered office and mode of administration of the company, the conditions necessary for the amendment of these Articles of Association and the dissolution o…
The detailed rules for the application of this section shall be laid down by decree in the Conseil d'Etat.
Mutual guarantee companies may be set up between traders, industrialists, manufacturers, craftsmen, commercial companies and members of the liberal professions. Their purpose is to guarantee their mem…
The agency's aid may be granted in the form of loans, advances, equity investments, guarantees, donations or any other form of financial assistance. These loans may be granted to governments, internat…
The agency also performs its duties in the French overseas departments and collectivities and in New Caledonia.
The agency allocates, in accordance with regulations it draws up, an annual credit delegated to it by the State for the funding of projects proposed by non-governmental organisations. It appraises and…
The management and administration of the agency are entrusted to a Director General appointed for three years by decree. The Director General represents and commits the agency. He appoints the staff a…
The caisse de garantie du logement locatif social carries out a permanent mission of public interest within the meaning of Article L. 511-104. It may carry out credit transactions relating to this mis…
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