Section 2: Loan guarantees

A département may only grant a loan guarantee or its surety to a private-law person mentioned in the penultimate paragraph of this article or in 1° of I of article L. 3231-4-1 or carrying out an operation mentioned in I and II of the same article L. 3231-4-1 under the conditions set out in this article. The total amount of annual instalments, already guaranteed or guaranteed to fall due during…

I. – The provisions of the second, third and fourth paragraphs of article L. 3231-4 do not apply to loan guarantees or sureties granted by a département: 1° For housing construction, acquisition or improvement operations carried out by low-income housing organisations or semi-public companies; 2° For housing construction, acquisition or improvement operations benefiting from a State subsidy or carried out with the benefit of loans aided by the State or…

The départements may guarantee loans taken out to finance the construction, by religious associations or, in the départements of Bas-Rhin, Haut-Rhin and Moselle, by public religious establishments or by associations registered under local law for religious purposes, of buildings meeting collective needs of a religious nature. The department informs the representative of the State in the department of its intention to grant such a guarantee at least three months before…