French Monetary and Financial CodeIn force
Sub-paragraph 1: Common provisions
Article L214-129
A SICAF is managed by a portfolio management company covered by article L. 532-9.
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Showing 591–600 of 5658 articles for “Art. L134-12”
A SICAF is managed by a portfolio management company covered by article L. 532-9.
The main purpose of forest savings companies is to acquire and manage forest assets. At least 60% of their assets consist of woodland or forests, shares in forestry groupings or companies whose sole p…
Notwithstanding the first paragraph of article L. 214-101, a decree in the Conseil d'Etat sets out the exchanges, disposals or creation of real rights relating to the forest assets of forest savings c…
The Board of Directors or the Management Board of the SICAF sets its investment strategy in accordance with conditions defined by decree. This strategy and the planned distribution policy are set out…
Approval of the management company is subject to the prior opinion of the Centre national de la propriété forestière.
At least 15% of the maximum capital of forest savings companies, as set out in their articles of association, must be subscribed by the public within two years of the opening date of the subscription.…
The proportion of the assets of forest savings companies made up of woodland and forests is set at 51% when these companies devote, under conditions defined by decree in the Conseil d'Etat, a fraction…
The change of manager provided for in the fifth paragraph of article L. 224-6 entails the transfer to the new manager of all the individual rights in the plan being set up. In the event of a change in…
The provisions of this section do not apply to door-to-door selling and the distance provision of financial services governed by Chapters I and III of Title IV of Book III of this Code and to distance…
The directors of a management company are liable to a fine of €30,000 if they : 1° Failing to comply with Article L. 214-101 ; 2° Failing to submit the documents provided for in the first two paragrap…
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