Chapter II: Provisions applicable to non-trading private legal entities engaged in economic activity

Non-trading legal entities governed by private law with an economic activity whose number of employees, pre-tax turnover or resources and balance sheet total exceed, for two of these criteria, thresholds set by decree in the Conseil d’Etat, must draw up a balance sheet, profit and loss account and notes to the accounts each year. The procedures for drawing up these documents are specified by decree. These legal entities are required…

Non-trading private-law legal entities with an economic activity whose number of employees, pre-tax turnover or resources exceed a threshold defined by decree in the Conseil d’Etat, are required to draw up a statement of realisable and available assets, excluding going concern values, and current liabilities, a provisional income statement, a cash flow statement and a financing plan. The frequency, deadlines and procedures for drawing up these documents are specified by…

When the statutory auditor of a legal entity referred to in Articles L. 612-1 and L. 612-4 identifies, in the course of carrying out his assignment, facts likely to jeopardise the continued operation of that legal entity, he shall inform the managers of the legal entity in accordance with conditions set by decree in the Conseil d’Etat. If no response is received within a period set by decree in the…

Any association having received annually from the administrative authorities, within the meaning of l’article 1er de la loi du 12 avril 2000, ou des établissements publics à caractère industriel et commercial une ou plusieurs subventions en numéraire dont le montant global dépasse un seuil fixé par décret, doit établir des comptes annuels comprenant un bilan, un compte de résultat et une annexe dont les modalités d’établissement sont fixés par décret….

The legal representative or, if there is one, the statutory auditor of a non-trading private-law legal entity with an economic activity or of an association referred to in article L. 612-4 presents to the deliberative body or, in the absence of a deliberative body, attaches to the documents communicated to members a report on agreements entered into directly or through an intermediary between the legal entity and one of its…