The Articles of Association freely determine the conditions for the distribution of all or part of the assets of the société de libre partenariat, including the repayment of contributions to the members, as well as the conditions under which the société de libre partenariat may request the return of all or part of such assets.
AIFs governed by this paragraph may be transformed without dissolution into a société de libre partenariat under the conditions defined by the AIF’s articles of association or regulations. Existing unitholders or shareholders become limited partners.
I. – Unless otherwise stipulated, articles L. 214-24-24 to L. 214-26-2 apply to AIFs covered by this sub-section. II. – Company mutual funds and employee shareholding open-ended investment companies may have sub-funds, under conditions specified by decree in the Conseil d’Etat.
I. – The regulations governing the fund set up to manage sums invested in application of Title III of Book III of Part III of the Labour Code relating to employee savings plans provide for the establishment of a supervisory board and the cases in which the management company must obtain the opinion of this board. At least half of the Supervisory Board is made up of employees representing the…
I. – This article applies to company mutual funds in which more than one third of the assets are made up of shares or securities issued by the company or by any company linked to it under the conditions set out in article L. 3344-1 of the French Labour Code. II. – The fund rules specify the composition and procedures for appointing its supervisory board, which may be carried out…
I.-1° Company mutual funds which are not subject to the provisions of Book III of Part III of the Labour Code and more than one third of whose assets are made up of securities issued by a foreign company or by any other foreign company belonging to the same group are subject to the provisions of this article. For the purposes of this article, the group referred to in the…
The purpose of a SICAV may be to manage a portfolio of financial securities issued by the company or by any company affiliated to it under the conditions set out in articles L. 3344-1 and L. 3344-2 of the Labour Code. The fourth and fifth paragraphs of II of article L. 214-165 of this Code apply to its Board of Directors. The Articles of Association provide that dividends and coupons…
Financing bodies within the meaning of this sub-section include securitisation bodies and specialised financing bodies.
Financing organisations and specialised professional funds that meet the characteristics defined by a decree of the Conseil d’Etat take the name of “fonds de prêt à l’économie” (economic loan funds) and may use this name in all deeds and documents intended for third parties.
I. – This section does not apply to securitisation undertakings, with the exception of this sub-section and I and II of article L. 214-24. II. – By way of derogation from I, securitisation undertakings which comply with characteristics defined by decree are subject to this section, with the exception of sub-sections 2 to 4. III. – The specialised financing undertakings referred to in Article L. 214-166-1 are subject to this…
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75001, Paris France
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is a Registered Trademark of
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182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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