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Showing 2961–2970 of 69703 articles for “Art. I and II”
The fund is represented vis-à-vis third parties by the company responsible for its management. This company may take legal action to defend or assert the rights or interests of unitholders.
Contracts for the issue of the bonds referred to in article L. 213-8 may stipulate that they are redeemable only at the issuer's initiative or at a maturity conditional on the accumulation, since the…
A mutual fund is set up at the initiative of a management company, which is responsible for its management and chooses a custodian for the fund's assets. This company draws up the fund rules.The regis…
The issue of bonds by an association entails the application of articles L. 612-1 and L. 612-3 of the French Commercial Code, regardless of the number of its employees, the amount of its turnover or r…
The decision to issue shares is taken by the general meeting of the association's members on the basis of a reasoned proposal by the directors. The General Meeting also decides on the amount of the is…
Creditors whose title arises from the safekeeping or management of the assets of a UCITS may take action only against those assets. Creditors of the depositary or third party to whom custody of the as…
Notwithstanding the provisions of Titles II and III of Book II and Title II of Book VIII of the French Commercial Code, the following provisions apply to SICAVs: 1° Shares must be fully paid up as soo…
The minimum amount of assets that the fund must hold when it is set up is set by decree.These assets are valued, in the light of a report drawn up by the auditor, under conditions set by decree. Any c…
Unitholders are liable for the debts of the co-ownership only up to the amount of the fund's assets and in proportion to their share.
Bonds issued by associations under the conditions provided for in this sub-section are intended to meet development and financing needs and not to distribute to their subscribers management surpluses…
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