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Article L122-12 of the French Sports Code

Notwithstanding the provisions of article L. 122-2, local semi-public sports companies formed before 29 December 1999 may retain their previous legal status. The provisions of articles L. 122-3, L. 122-5, L. 122-10 and L. 122-11 are applicable to them.

Original in French 🇫🇷
Article L122-12

Par dérogation aux dispositions de l’article L. 122-2, les sociétés d’économie mixte sportives locales constituées avant le 29 décembre 1999 peuvent conserver leur régime juridique antérieur. Les dispositions des articles L. 122-3, L. 122-5, L. 122-10 et L. 122-11 leur sont applicables.

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