Book III: CREDIT

Natural persons found guilty of offences punishable by the provisions of articles L. 341-29 to L. 341-32 shall also incur as additional penalties the prohibition, in accordance with the procedures set out in Article 131-27 of the Penal Code, either from holding a public office or from exercising the professional or social activity in the exercise or on the occasion of the exercise of which the offence was committed, or…

If the lender or lessor fails to comply with any of the obligations set out in articles L. 313-24 and L. 313-25 and the second paragraph of article L. 313-38 is punishable by a fine of 150,000 euros.

A failure by the lender or lessor to comply with one of the obligations set out in article L. 313-55 for a hire-purchase and sale contract with a promise to sell, is punishable by a fine of 150,000 euros.

It is an offence for the lender to cause the borrower or the declared guarantors to subscribe to, or to receive from them, acceptance of the offer without the offer bearing a date or in the event that it bears a false date such as to lead to the belief that it was given after expiry of the ten-day period prescribed in Article L. 313-34, is punishable by a fine…

If the lessor causes the lessee to subscribe or receives acceptance of the offer from the lessee without it bearing a date or if it bears a false date such as to lead to the belief that it was given after the expiry of the ten-day period prescribed in Article L. 313-58 for a hire-purchase contract or a lease with a promise to sell, is punishable by a fine of…

If the lender or lessor, in breach of the provisions of article L. 313-35 or, in the case of a hire-purchase contract and a lease with a promise to sell, those set out in article L. 313-59, to agree to receive from the borrower or the lessee, or on behalf of one of the latter, a payment or deposit, a cheque or a commercial paper subscribed, endorsed or guaranteed in…

If the lender, in breach of the provisions of article L. 313-38, for the seller, in breach of the provisions of article L. 313-41 or for the lessor, in breach of the provisions of article L. 313-62 for a hire-purchase contract and a hire contract with a promise to sell not to return the sums mentioned in these articles, is punishable by a fine of 300,000 euros.