Section 2: Other conditions of access and practice

Natural persons who direct or manage an intermediary in participative financing must meet the conditions of good repute and professional competence laid down by decree in the Conseil d’Etat.

I. – Participative finance intermediaries must be able to provide evidence at all times of an insurance policy covering them against the financial consequences of their professional civil liability in the event of a breach of their professional obligations, as defined in article L. 548-6. II. – A decree lays down the conditions for application of this article, in particular the minimum amount of the guarantee ceiling for policies taken…