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Article R1511-36 of the French General Code of Local Authorities

The maximum proportion of capital that may be held by local and regional authorities in the credit institutions or finance companies mentioned in the first paragraph of Articles L. 2253-7, L. 3231-7 and L. 4253-3 is set at 50%.

Original in French 🇫🇷
Article R1511-36

La proportion maximale du capital susceptible d’être détenue par les collectivités territoriales dans les établissements de crédit ou les sociétés de financement mentionnés au premier alinéa des articles L. 2253-7, L. 3231-7 et L. 4253-3 est fixée à 50 %.

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