Section 4: Economic and social measures

Public-private companies existing in the départements of Moselle, Bas-Rhin and Haut-Rhin and created in application of the local law of 6 June 1895 on municipal organisation in Alsace-Lorraine may derogate from the provisions of article L. 1522-1 concerning the majority shareholding of local and regional authorities and the public limited company form.

The provisions of articles L. 2253-2 to L. 2253-6 apply to sociétés anonymes created on or after 7 December 1969 with the participation of local authorities.

Where, in a société anonyme created prior to 7 December 1969, a municipality is a member or chairman of the board of directors, a member of the management board or a member or chairman of the supervisory board, the civil liability arising from the exercise of the mandate of the representatives of the municipality shall be borne by the municipality and not by those representatives.