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Article L513-31 of the French Monetary and Financial Code

Article L. 632-2 of the French Commercial Code does not apply to contracts entered into by a housing finance company or to legal acts performed by or for the benefit of a housing finance company where such contracts or acts directly relate to the transactions provided for in Articles L. 513-28 to L. 513-30 of this Code.

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Article L513-32 of the French Monetary and Financial Code

In each housing finance company, the specific controller referred to in Article L. 513-23 ensures that the company complies with Articles L. 513-28 to L. 513-30. It also verifies that the housing loans granted or financed by the housing finance company comply with the purpose defined in Article L. 513-28 and meet the conditions set out in Articles L. 513-29 and L. 513-30. In addition, for housing finance bonds for…

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