CHAPTER IV: Administration and control

A prefect who refers to the regional audit chamber a resolution of the board of directors or the supervisory board or the general meeting of a local semi-public company, pursuant to article L. 1524-2, attach to this referral, in addition to the deliberation, the articles of association and the accounts for the last two financial years. The Chamber issues a reasoned opinion in which it examines the financial impact of…

The special meeting provided for in the third paragraph of article L. 1524-5 is convened for the first time at the initiative of at least one of the shareholder local authorities or groupings not directly represented on the board of directors or supervisory board of the semi-public company. It includes one delegate from each shareholder territorial authority or grouping that does not have a direct representative on the company’s board…

The term of office of representatives of shareholder local authorities and their groupings on the board of directors or supervisory board ends: – as regards those of a commune when the municipal council is fully renewed; – as regards those of a département when the département council is renewed every three years or in the event of dissolution; – as regards those of a region, when the regional council is…

The representatives of the shareholder local authorities or their groupings may be relieved of their duties at any time by the meeting that appointed them, which is obliged to simultaneously provide for their replacement and to inform the Board of Directors or the Supervisory Board. In the event of a vacancy in the seat allocated to it on the Board of Directors or the Supervisory Board, the deliberative assembly of…

The term of office of the representatives of the local authorities and their groupings on the special assembly ends either when they lose their status as elected representatives, or when the deliberative assembly of the shareholder local authority or grouping relieves them of their duties. The term of office of the delegate of the special assembly ends when he loses his status as an elected representative, or when the special…

The provisions of articles R. 1524-3 and R. 1524-4 are applicable to the special delegate provided for by article L. 1524-6.

The report referred to in the fourteenth paragraph of Article L. 1524-5 of this code includes the following information: 1° A presentation of the semi-public company recalling its history, its corporate purpose, its areas of activity, the address of its registered office, the number of its employees, the breakdown of its capital, the organisation of its governance, the names of the chairman, the managing director and the directors, identifying those…