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Article R214-99 of the French Monetary and Financial Code

The term deposits referred to in article R. 214-92 made with the same credit institution by an undertaking for collective real estate investment may not represent more than 20% of its assets. This ratio does not apply to term deposits made with the undertaking’s custodian.

Original in French 🇫🇷
Article R214-99

Les dépôts à terme mentionnés à l’article R. 214-92 effectués auprès d’un même établissement de crédit par l’organisme de placement collectif immobilier ne peuvent représenter plus de 20 % de son actif. Ce ratio ne s’applique pas aux dépôts à terme effectués auprès du dépositaire de l’organisme.

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