Article D211-15 of the French Monetary and Financial Code
November 6, 2023
The terms of delivery referred to in Article L. 211-29 are determined as follows: 1° Financial securities or instruments created physically are said to be delivered if, at the time of the repurchase agreement, they are effectively and physically delivered to the assignee or his authorised representative; in the case of promissory notes, they must first be endorsed in accordance withArticle L. 511-8 of the French Commercial Code ; 2°…
