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Article L513-16 of the French Monetary and Financial Code

The credit institution or finance company responsible for managing the loans, exposures, similar receivables, securities and deposits is authorised to take legal action, both as plaintiff and defendant, and to exercise all means of enforcement in the name and on behalf of the société de crédit foncier.

Original in French 🇫🇷
Article L513-16

L’établissement de crédit ou la société de financement chargé de la gestion des prêts, expositions, créances assimilées, titres et dépôts, est habilité à agir en justice tant en demande qu’en défense et à exercer toutes voies d’exécution au nom et pour le compte de la société de crédit foncier.

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