French Monetary and Financial CodeIn force
Chapter I: The monetary unit
Article L111-1
France's currency is the euro. One euro is divided into one hundred centimes.
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Showing 4491–4500 of 63520 articles for “Art. IV and V”
France's currency is the euro. One euro is divided into one hundred centimes.
Subject to the provisions of the first paragraph of article L. 112-2 and articles L. 112-3, L. 112-3-1 and L. 112-4, automatic indexation of the prices of goods or services is prohibited. Any clause i…
The value date of a cheque payment transaction denominated in euros may not differ by more than one business day from the date on which it is booked to a deposit account or a payment account.
When a person has been dispossessed of a promissory cheque by any event whatsoever, the beneficiary who proves his right in the manner indicated in article L. 131-22 is only obliged to dispose of the…
Persons sued by virtue of the cheque may not raise against the bearer defences based on their personal relationship with the drawer or with previous bearers, unless the bearer, in acquiring the cheque…
…f the cheque may be paid, within the time limit for presentation of the cheque, on the basis of its value in euros on the day of payment. If payment has not been made when the cheque is presented, the…
Cheques issued abroad and payable in France are treated as crossed cheques.
…offence, mention on each form the name of the person to whom the form is issued. Any banker who, having sufficient funds and in the absence of any stop payment, refuses to pay a cheque duly drawn on…
…forming the account holder of the consequences of insufficient funds by any appropriate means made available by the drawee banker, refuse to pay a cheque on the grounds of insufficient funds. The draw…
The Banque de France shall inform the institutions and persons on which cheques may be drawn, finance companies, the organisations mentioned in Article L. 511-6, electronic money institutions, payment…
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