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Article D221-105 of the French Monetary and Financial Code

For the purposes ofArticle L. 221-27 of the French Monetary and Financial Code, establishments distributing the Livret de Développement Durable et Solidaire offer their Livret holders the opportunity to make donations on an annual basis. Customers wishing to make one or more donations choose one or more beneficiary legal entities from a list, drawn up by the distributing establishment, of at least ten legal entities falling under: a)Article 1 of…

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Article D221-106 of the French Monetary and Financial Code

The legal entities covered by a of Article D. 221-105 are the legal entities that were registered on the list of social and solidarity economy companies mentioned inArticle 6 of Law 2014-856 of 31 July 2014 on the social and solidarity economy on 31 May preceding the date on which the donation proposal is made. The Conseil national des chambres régionales de l’économie sociale et solidaire publishes this list on…

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Article D221-107 of the French Monetary and Financial Code

To open a Livret de développement durable et solidaire, an agreement must be signed between the institution and the customer. In this agreement, the customer must declare on his or her honour that he or she is a taxpayer whose tax residence is in France, or the spouse or civil solidarity partner of such a taxpayer, and that he or she does not hold any other Livret de Développement Durable…

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Article D221-109 of the French Monetary and Financial Code

The opening of a share savings plan is the subject of a written contract between the subscriber and one of the bodies mentioned in article L. 221-30. This contract informs the subscriber that only one plan may be opened per adult natural person and that the amount paid into the equity savings plan is limited to 150,000 euros since the opening of the plan or 20,000 euros since the opening…

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Article R221-111 of the French Monetary and Financial Code

I. – The share savings plan is opened on the date of the first payment. II. – When the share savings plan is opened with an organisation other than an insurance company, the organisation managing the plan credits the cash account with the payments made by the holder, the amount of cash proceeds from the securities held in the associated securities account, repayments and the amount of sales of these…

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