Article L4433-4-3-1 of the French General Code of Local Authorities
The regions of Guadeloupe, Mayotte or La Réunion may join, as members or associate members, a regional development bank or financing institution of which France is a regional member, associate member or shareholder. On a proposal from its President, the Regional Council may ask the authorities of the Republic to authorise its President to negotiate and sign any instrument tending towards this membership and participation in the capital of this…