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Article L231-8 of the French Monetary and Financial Code

The directors of the management company of a société civile de placement immobilier are liable to a fine of 18,000 euros if they fail to comply with article L. 214-88.

Original in French 🇫🇷
Article L231-8

Est puni d’une amende de 18 000 euros le fait, pour les dirigeants de la société de gestion d’une société civile de placement immobilier, de ne pas se conformer à l’article L. 214-88.

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