Subsection 2: Preventive recovery plans

For the application of I of Article L. 613-36, the supervisory board shall notify the persons required to draw up a preventive recovery plan pursuant to I of Article L. 613-35 of the results of its examination within six months of receipt of the plan. This notification is made after receiving the opinion of the collège de résolution. If no response is received from the supervisory board after this period,…

The decisions referred to in VII of Article L. 613-37 and IV of Article L. 613-37-1 shall be notified within seventy-two hours of their adoption. Reasons shall be given for such decisions.

The persons required to draw up a preventive recovery plan referred to in Article R. 613-43 shall inform the supervisory board as soon as possible and in all cases when they adopt a recovery measure provided for in the plan. They shall also inform the college, where applicable, of their decision to refrain from taking such a decision when they could be led to do so in view of the…