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Article L515-11 of the French Monetary and Financial Code

The directors of a mutual guarantee company are personally liable for any loss resulting from a breach of the articles of association or of the provisions of this section.

Original in French 🇫🇷
Article L515-11

Les administrateurs d’une société de caution mutuelle sont personnellement responsables du préjudice résultant de la violation des statuts ou des dispositions de la présente section.

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