Article L313-51 of the French Monetary and Financial Code
November 8, 2023
An order of the Minister for the Economy specifies the terms, deadlines and maximum amount of compensation. In accordance with the terms and conditions laid down in Article L. 313-50 and this Article, the guarantee mechanism shall retroactively assume the guarantee commitments required by a legislative or regulatory text granted by any credit institution or finance company that has been the subject of safeguard or receivership proceedings initiated after 1…
