The balance of a popular savings passbook account may be reduced to zero. However, no transaction may have the effect of debiting the account.
Home | French Legislation Articles | French Monetary and Financial Code | Regulatory part | Book II: Products | Title II: Savings products | Chapter I: General savings products with specific tax arrangements. | Section 2: Popular savings. | Subsection 1: Popular savings passbook account. | Paragraph 2: Provisions relating to the operation of people's savings passbook accounts. | Article R221-47 of the French Monetary and Financial Code
The balance of a popular savings passbook account may be reduced to zero. However, no transaction may have the effect of debiting the account.
Le solde d’un compte sur livret d’épargne populaire peut être porté à un montant nul. Toutefois, aucune opération ne peut avoir pour effet de rendre le compte débiteur.
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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