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Showing 251–260 of 56656 articles for “Art. L 214-2”
I. - The sums distributable by a real estate investment fund in respect of a financial year are made up of :1° Distributable income relating to income earned by the fund, which is equal to the net inc…
Notwithstanding the provisions of article L. 214-52, the amounts distributable in respect of the capital gains mentioned in 2° of II of article L. 214-81 must be paid before the last day of the sixth…
I. - A UCITS may not borrow.It may, however, acquire currencies by means of cross-currency loans.II. - By way of derogation from I, a UCITS may borrow provided that such borrowings :1° Are used on a t…
I. - A specialised professional fund granting loans is managed by :1° A portfolio management company referred to in Article L. 532-9, authorised to manage FIAs and subject to the legislative and regul…
When granting loans, a specialised professional fund :1° May borrow under the following cumulative conditions:a) The maximum leverage of the fund, expressed as a ratio between the fund's exposure and…
The beneficiaries of a loan granted by a specialised professional fund may be :1° Sole proprietorships or legal entities governed by private law primarily engaged in a commercial, industrial, agricult…
I. - The regulations or articles of association of the specialised professional fund which grants loans specify the date of its liquidation and may provide for a right to temporarily extend its life,…
When loans are granted by a specialised professional fund, the recovery of debts relating to these loans may be ensured either by the management company itself or by an entity designated for this purp…
The securitisation mutual fund may issue negotiable debt securities and bonds or debt securities issued on the basis of foreign law. The fund rules specify the characteristics and terms of issue of th…
I. - This section does not apply to securitisation undertakings, with the exception of this sub-section and I and II of article L. 214-24.II. - By way of derogation from I, securitisation undertakings…
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