Section 1: General provisions

Mutual and cooperative banks are subject to the rules governing mergers, divisions and contributions of public limited companies set out in Book II of the Commercial Code, even if they are not incorporated in a form governed by that law. However, the provisions of article L. 236-10 of the Commercial Code do not apply to those of these establishments which have not issued securities giving a right to the net…

The following are exempt from the obligations set out inArticle L. 823-19 of the French Commercial Code: a) Persons and entities affiliated, within the meaning of Article L. 512-92, to a caisse d’épargne et de prévoyance ; b) Persons and entities authorised collectively with a regional or federal caisse or a regional federation within the meaning of Article R. 511-3 ; c) Persons and entities authorised collectively with a mutual…