Article L324-12
I.-Collective management organisations pay the sums due to right holders no later than nine months from the end of the financial year in which the income from the exploitation of rights was received.…
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Showing 8341–8350 of 66695 articles for “Art. L 255-1 al. 2”
I.-Collective management organisations pay the sums due to right holders no later than nine months from the end of the financial year in which the income from the exploitation of rights was received.…
When sums due to right holders cannot be distributed or paid within the time limits set out in article L. 324-12 for the reasons set out in the second paragraph of I of this article, these sums are ma…
If the sums due to rights holders cannot be distributed within three years of the end of the financial year in which the income from the exploitation of the rights was received, and provided that the…
Actions for payment of royalties collected by collective management organisations are time-barred after five years from the date on which they were collected, this period being suspended during the pa…
Collective management organisations are not authorised to use the income mentioned in 1° of article L. 324-9 for any purpose other than its distribution to right holders. However, they may deduct cert…
Collective management organisations invest income from the exploitation of rights and income resulting from the investment of such income in accordance with the general investment and risk management…
Collective management organisations take the necessary measures to identify and locate rightholders. In particular, no later than three months after the expiry of the deadline set in I of Article L. 3…
Any person shall be liable to five years' imprisonment and a fine of €9,000 if he or she: 1. Stating that subscriptions which he knows to be fictitious are genuine or declaring that funds which have n…
It is punishable by five years' imprisonment and a fine of 18,000 euros for a statutory auditor, in his own name or as a partner in a company of statutory auditors, to give or confirm false informatio…
Failure by the directors of a management company to request the appointment of one or more of the company's statutory auditors is punishable by two years' imprisonment and a fine of 9,000 euros.
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