Chapter VIII: Penalties.

Any manager of a company subject to State control by virtue of article L. 310-1 or 1° of III of article L. 310-1-1 is liable to a fine for a fifth-class offence: 1° Disregarding the obligations or prohibitions resulting from articles R. 321-17-1, R. 321-28, R. 322-3, R. 322-8 (1st paragraph), R. 322-73 (1st paragraph), R. 326-1, R. 331-1, R. 332-1 and R. 329-4 ; 2° (Repealed) 3° Failing to…

For the purposes of applying the penalties listed in this chapter, the following are deemed to be company directors: the chairman and managing director, the chairman, the directors, the managing directors, the deputy managing directors, the directors, the members of the supervisory board and the management board, the managers, and any de facto director of a French company, and, in the case of a foreign company, the managing director or…