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Article L231-9 of the French Monetary and Financial Code

Failure by the directors of the management company of a société civile de placement immobilier to comply with the provisions of articles L. 214-114 and L. 214-96 is punishable by five years’ imprisonment and a fine of 9,000 euros.

Original in French 🇫🇷
Article L231-9

Est puni d’un emprisonnement de cinq ans et d’une amende de 9 000 euros le fait, pour les dirigeants de la société de gestion d’une société civile de placement immobilier, de ne pas se conformer aux dispositions des articles L. 214-114 et L. 214-96.

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