Article L313-26 of the French Monetary and Financial Code
The slip may only be transferred to another credit institution or finance company or to another AIF mentioned in article L. 313-23.
The slip may only be transferred to another credit institution or finance company or to another AIF mentioned in article L. 313-23.
The assignment or pledge takes effect between the parties and becomes enforceable against third parties on the date stamped on the slip when it is delivered, regardless of the date on which the receivables arose, fall due or are payable, without the need for any other formality, and regardless of the law applicable to the receivables and the law of the country of residence of the debtors. From that date,…
The credit institution, finance company or FIA referred to in Article L. 313-23 may, at any time, prohibit the debtor of the assigned or pledged receivable from paying into the hands of the signatory of the slip. From the date of this notification, the form of which is determined by the decree of the Conseil d’Etat provided for in article L. 313-35, the debtor is only validly discharged by the…
At the request of the beneficiary of the docket, the debtor may undertake to pay the beneficiary directly: this undertaking is recorded, on pain of nullity, in a written document entitled: “Deed of acceptance of assignment or pledge of a business claim”. In this case, the debtor may not raise against the credit institution or finance company or the FIA referred to in article L. 313-23 any defences based on…
When all or part of the remuneration due under a partnership contract or a contract referred to in the first paragraph of Article L. 6148-5 of the Public Health Code in respect of investment costs, which include in particular study and design costs, construction costs and ancillary costs, interim financial costs and financing costs, is assigned pursuant to Articles L. 313-23 to L. 313-29 of this Code, the contract may…
When the contracting public entity accepts, under the conditions provided for in Article L. 313-29-1 or Article L. 513-14, one or more assignments of receivables, each of which relates to all or part of the remuneration due in respect of the investment costs and financing costs referred to in the same Articles L. 313-29-1 or L. 513-14, the total commitment of the public entity in respect of this or these…
A credit institution or finance company that assigns or pledges business receivables under the conditions set out in article L. 313-23 may, at any time, issue securities intended for the use of all or part of the loans granted. Successive holders of these securities benefit from the rights listed in articles L. 313-31 to L. 313-33 on condition that the forms have been made available to the organisation providing the…
Short-term credit transactions that have not resulted in the assignment or pledging of business receivables to the lending credit institution or finance company may give rise to the issue by the latter of securities intended to mobilise all or part of the credit granted. Successive holders of these securities benefit from the rights listed in articles L. 313-32 and L. 313-33 on condition that the forms recording these loans have…
Successive holders of securities created by a credit institution or finance company pursuant to Articles L. 313-30 and L. 313-31 benefit from the rights provided for in respect of endorsement by Articles L. 511-8 to L. 511-14 of the French Commercial Code.
The rights attached to the mortgage notes relate to all the receivables designated on the notes; they also relate to all interest and ancillary costs, as well as to the collateral securing these receivables.
Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call us at +33 (0) 1 84 88 31 00 or send us an email.
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
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
Resources
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
Useful links
Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call +33 (0) 1 84 88 31 00 or send us an email.
All information exchanged through this website will be communicated to lawyers registered with a French Bar and will remain confidential.