Subsection 1: Status and purpose

I. – Sociétés de crédit foncier are specialised credit institutions whose exclusive purpose is to: 1° To grant or acquire guaranteed loans, exposures to public entities and securities, deposits and exposures as defined in articles L. 513-3 to L. 513-7 ; 2° For the financing of these categories of loans, exposures, securities and deposits, to issue bonds called obligations foncières benefiting from the privilege defined in Article L. 513-11 and…