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Showing 2201–2210 of 9933 articles for “Art. EU Mutual Assistance Directive 2010/24/EU”
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…
Each Regional Mutual or Union is managed by a Board of at least six and no more than twelve directors, elected from among the members by the General Meeting for a term of six years. However, if a dire…
If the Board of Directors takes decisions contrary to the specific legislative or regulatory provisions governing Crédit Maritime Mutuel or if it fails to perform its duties, the central body of the s…
The members meet at least once a year at a General Meeting. Each member has as many votes as shares held, within the limits set by the Articles of Association. Under the conditions and within the limi…
Mutual guarantee companies are commercial companies.
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…
A Government Commissioner is appointed by the Minister for the Economy to each cooperative bank. The Government Commissioner attends all meetings of the Board of Directors or the Supervisory Board, th…
…udice to the provisions of Article L. 612-40, the civil liability of directors towards the Regional Mutual or Union and towards third parties shall only arise in the event of a breach of the Articles…
Cooperative banks are authorised to increase their capital by capitalising reserves. They are authorised to pay interest on their capital ensuring a return at most equal to the average rate of fixed-r…
The Articles of Association provide that the Board of Directors shall determine for each member the maximum amount of guarantees that may be granted and shall limit the period for which such guarantee…
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