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Article D547-3 of the French Monetary and Financial Code

The activity of providers of participative financing services referred to in article L. 547-4 relates exclusively to offers of shares in cooperative societies constituted in the form of a public limited company covered by article 11 of law no. 47-1775 of 10 September 1947 on the status of cooperation.

Original in French 🇫🇷
Article D547-3

L’activité des prestataires de services de financement participatif mentionnée à l’article L. 547-4 porte exclusivement sur les offres de parts sociales de sociétés coopératives constituées sous la forme d’une société anonyme relevant de l’ article 11 de la loi n° 47-1775 du 10 septembre 1947 portant statut de la coopération.

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