Section 4: Supervisory body

The articles of association of collective management organisations establish a collegiate body to oversee the activities of the management, administrative and executive bodies. This body is the supervisory board when the undertaking has one. The provisions of the second paragraph of article L. 225-68 of the French Commercial Code only apply if the General Meeting has made use of the power to delegate granted to it by article L. 323-7….

The members of the supervisory body are elected by the general meeting. The statutory rules governing their appointment ensure a balanced representation of the different categories of members of the general meeting within the supervisory body. They may authorise the election of natural persons who are not members of the organisation, provided that the latter remain in the majority in terms of the number of voting rights held or the…