Sub-paragraph 3: Rules applicable to forward financial instruments and the assignment of receivables before their maturity.

The financing institution may enter into contracts constituting forward financial instruments referred to in III of Article L. 211-1 under the conditions laid down in its articles of association or its regulations.

The financing institution may carry out, within the limit of its assets, repurchase agreements or any other transaction involving the temporary purchase and sale of securities, subject to the following three conditions: 1° These transactions are carried out with a finance company, credit institution or insurance company whose registered office is located in a State party to the Agreement on the European Economic Area or a member of the Organisation…

I.-The cases mentioned in the second paragraph of article L. 214-177 and the second paragraph of I of article L. 214-183, in which approval of a specific programme of operations is not required, are as follows: 1° When the undertaking is being wound up in the interests of the holders of units and debt securities previously issued; 2° When the outstanding capital of the undertaking’s unmatured debt is less than…