Article L121-1 of the French Monetary and Financial Code
With the exception of those that are legal tender in France, foreign metal coins may not be accepted in public coffers in payment of duties and contributions of any kind payable in cash.
Home | French Legislation Articles | French Monetary and Financial Code | Legislative part | Book I: Money | Title II: Banknotes and coins
With the exception of those that are legal tender in France, foreign metal coins may not be accepted in public coffers in payment of duties and contributions of any kind payable in cash.
Metal coins with legal tender status and liberatory power intended for circulation in France are manufactured by Monnaie de Paris.
La Monnaie de Paris is a state-owned industrial and commercial establishment. This establishment is responsible for : 1° Manufacturing, on behalf of the State, the metal coins mentioned in article L. 121-2 ; 2° Manufacturing and marketing, on behalf of the State, French collector coins with legal tender status; 3° Combating counterfeiting of metal coins and carrying out appraisals and inspections, in accordance with the conditions set out in article…
The public establishment La Monnaie de Paris is governed by the provisions of law no. 83-675 of 26 July 1983 relating to the democratisation of the public sector, which apply to the establishments mentioned in article 1. With a view to electing their representatives to the Board of Directors, the staff of the establishment are, by way of derogation from chapter II of title II of the aforementioned law no….
The public institution’s resources consist in particular of income from the activities mentioned in article L. 121-3, other income from the use of the assets contributed to it, endowed or acquired by it, donations and legacies as well as income from loans and other financial debts.
The detailed rules for the application of this section shall be laid down by decree in the Conseil d’Etat.
Legal tender banknotes are issued in accordance with Article L. 141-5. The legal tender status of a given type of banknote denominated in francs may be withdrawn by decree on a proposal from the Banque de France. The Bank remains obliged to exchange these notes at its counters for other types of legal tender notes within a period of ten years. The provisions relating to lost or stolen bearer securities…
Banknotes and coins are protected as intellectual works by articles L. 122-4 and L. 335-2 of the French Intellectual Property Code. The issuing authorities are vested with the author’s rights.
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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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