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Article R2221-11 of the French General Code of Local Authorities

The duties of director are incompatible with a mandate as senator, deputy or representative in the European Parliament. They are also incompatible with a mandate as councillor to the Corsican Assembly, regional councillor, departmental councillor, municipal councillor, Paris councillor or arrondissement councillor held in the community or communities concerned or in a constituency including this or these communities. The duties of director are incompatible with those of member of the…

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Article R2221-13 of the French General Code of Local Authorities

The initial endowment of the local authority, provided for by article R. 2221-1, represents the counterpart of the receivables as well as the contributions in kind or in cash made by the local authority to which it belongs, less the debts that have encumbered their acquisition, which are charged to the régie.

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Article R2221-14 of the French General Code of Local Authorities

The authorising officer of the régie, mentioned in article R. 2221-28 and to article R. 2221-57, may, by delegation from the board of directors or the municipal council and with the approval of the accounting officer, set up revenue, imprest and imprest accounts subject to the operating conditions set out in articles R. 1617-1 to R. 1617-18.

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Article R2221-17 of the French General Code of Local Authorities

The deliberation of the municipal council deciding to relinquish the operation of the régie determines the date on which the operations of the régie cease. The accounts are closed on this date. The assets and liabilities of the régie are included in the accounts of the commune. The mayor is responsible for winding up the régie. He may appoint a liquidator by decree, whose powers he determines. The liquidator has…

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Article R2221-19 of the French General Code of Local Authorities

The Board of Directors decides on acquisitions, disposals and leases of real estate assets, as well as leases of movable and immovable property belonging to the company. The Board of Directors decides on acquisitions, disposals and leases of real estate assets, as well as leases of movable and immovable property belonging to the company.

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