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Section 2: Finance companies carrying out a permanent mission in the public interest.

Article R515-2 of the French Monetary and Financial Code

The caisse de garantie du logement locatif social carries out a permanent mission of public interest within the meaning of Article L. 511-104. It may carry out credit transactions relating to this mission under the conditions set out in the chapitre II du titre V du livre IV du code de la construction et de l’habitation.

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Article R515-3 of the French Monetary and Financial Code

French joint stock companies, known as sociétés de développement régional, contribute to the financing of companies located in France in the form of equity holdings. These companies are authorised to grant loans of five years or more to companies, regardless of their legal form, under conditions set by the Minister for the Economy; they may also guarantee loans of two years or more taken out by these companies. They are…

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