Article R221-40
Popular savings passbook accounts may be opened in banks, establishments and organisations authorised to receive deposits from the public and meeting the conditions set out in article R. 221-61.
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Showing 5711–5720 of 22566 articles for “Art. US Estate Tax — Form 706 instructions”
Popular savings passbook accounts may be opened in banks, establishments and organisations authorised to receive deposits from the public and meeting the conditions set out in article R. 221-61.
The transactions referred to in article R. 221-42 are those defined for passbook accounts by order of the Minister for the Economy, in accordance with the procedures set out in article L. 611-1.
The balance of a popular savings passbook account may be reduced to zero. However, no transaction may have the effect of debiting the account.
If the account is closed during the year, the interest earned is credited on the day the account is closed.
People's savings passbooks and rights belonging to their holders may not be pledged as collateral.
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