For the purposes of articles L. 211-27 to L. 211-33, public or private bills are treated in the same way as financial securities.
However, only credit institutions and finance companies may repurchase or reverse repurchase private bills.
Home | French Legislation Articles | French Monetary and Financial Code | Legislative part | Book II: Products | Title I: Financial instruments | Chapter I: Definition and general rules | Section 2: Financial securities | Subsection 5: Special forms of transfer | Paragraph 3: Pension | Article L211-34 of the French Monetary and Financial Code
For the purposes of articles L. 211-27 to L. 211-33, public or private bills are treated in the same way as financial securities.
However, only credit institutions and finance companies may repurchase or reverse repurchase private bills.
Pour l’application des articles L. 211-27 à L. 211-33, les effets publics ou privés sont assimilés à des titres financiers.
Toutefois, seuls les établissements de crédit et les sociétés de financement peuvent prendre ou mettre en pension les effets privés.
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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