Members of staff of a credit institution or finance company who have been authorised to sign on behalf of the company may not hold any other job or perform any paid work outside the company without first informing the company’s management. This provision does not apply to the production of scientific, literary or artistic works.
Where they have been given authority to sign on behalf of a credit institution or finance company, members of the staff of that company may not, without the authorisation of the general management, perform administrative, management or executive duties in another credit institution, finance company, investment firm, portfolio management company or commercial company governed by Book II of the Commercial Code.
I. – The loans referred to in 3a of article L. 511-6 may be granted when the lending company or a member of its group, on the one hand, and the borrowing company or a member of its group, on the other hand, are economically linked in one or other of the following ways: 1° The two companies are members of the same economic interest grouping as referred to in…
A company may only grant a loan as referred to in 3a of article L. 511-6 if the following four conditions are met: 1° On the closing date of each of the two financial years preceding the date on which the loan is granted, the lending company’s equity exceeds the amount of the share capital and the gross operating surplus is positive; 2° The net cash position, defined as the…
The statutory auditor shall be notified annually of the outstanding loan agreements granted pursuant to 3 bis of article L. 511-6. In a statement attached to the management report, the statutory auditor shall certify, for each contract, the initial amount and outstanding capital of these loan contracts and compliance with the provisions governing them.
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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