French Business Law - French Legislation

Article L526-2 of the French Commercial code

November 7, 2023

The declaration provided for in the second paragraph of Article L. 526-1, received by a notary under penalty of nullity, contains a detailed description of the assets and an indication of whether they are owned, jointly owned or undivided.The deed is published in the real estate register or, in the departments of Bas-Rhin, Haut-Rhin and Moselle, in the land register of its location. Where the person is registered in the…

Article L526-3 of the French Commercial code

November 7, 2023

In the event of the sale of property rights in the main residence, the price obtained remains exempt from seizure, provided that the sums are reinvested within one year in the acquisition by the person mentioned in the first paragraph of article L. 526-1 of a property in which their main residence is located. The unseizability of rights in the principal residence and the declaration of unseizability relating to any…

Article L526-4 of the French Commercial code

November 7, 2023

When applying for registration in the Trade and Companies Register, the Special Register of Commercial Agents, the Special Register of Sole Proprietorships with Limited Liability or the National Register of Companies, a natural person married under a legal or contractual community regime must provide evidence that his or her spouse has been informed of the consequences for joint assets of debts contracted in the exercise of his or her profession….

Article L526-5 of the French Commercial code

November 7, 2023

The provisions of articles L. 313-14 to L. 313-14-2 of the Consumer Code are applicable to loans granted to any natural person registered in the National Register of Companies and to the sole managing partner of a limited liability company, and secured by a rechargeable mortgage registered on the property where the person concerned has set up their main residence.

Article L526-6 of the French Commercial code

November 7, 2023

To carry on his business as a sole trader with limited liability, the sole trader assigns to his professional activity assets separate from his personal assets, without creating a legal entity, under the conditions set out in article L. 526-7. These assets are made up of all the property, rights, obligations or securities held by the sole trader and required to carry out his business activity. It may also include…

Article L526-7 of the French Commercial code

November 7, 2023

The creation of the earmarked assets is the result of a declaration made: 1° For a commercial activity, to the trade and companies register with which the trader is required to register; 2° For an activity in the trades and crafts sector, in the national register of companies with which the head of the business is required to register in this capacity; 3° For activities as a commercial agent, in…

Article L526-8 of the French Commercial code

November 7, 2023

I.-When setting up the assets and liabilities affected, the sole trader mentions the nature, quality, quantity and value of the assets, rights, obligations or sureties that he assigns to his professional activity on a descriptive statement filed with the register where the declaration provided for in Article L. 526-7 to be annexed thereto. In the absence of any property, right, obligation or security assigned pursuant to the second paragraph of…

Article L526-8-1 of the French Commercial code

November 7, 2023

Subsequent to the creation of the assigned assets, the entry or withdrawal in the accounts of an asset, right, obligation or security entails assignment to the professional activity or withdrawal from the assigned assets. Receivables and indemnities which replace assigned assets as well as assets acquired through the use or replacement of assigned assets are automatically assigned by the effect of real subrogation. Regularly kept accounts are evidence with regard…

Article L526-9 of the French Commercial code

November 7, 2023

The assignment of a property or part of a property is received by notarial deed and published in the mortgage office or, in the departments of Bas-Rhin, Haut-Rhin and Moselle, in the land register for the location of the property. A sole trader who assigns only part of one or more properties shall designate that part in a descriptive statement of division. The drawing up of the notarial deed and…

Article L526-11 of the French Commercial code

November 7, 2023

Where all or part of the assigned assets are joint or undivided assets, the sole trader provides proof of the express agreement of his spouse or co-tenants and of their prior information about the rights of the creditors mentioned in 1° of I of article L. 526-12 on the affected assets. The same joint or undivided property or the same part of a joint or undivided real estate asset may…

Call Us + 33 1 84 88 31 00

Call Us + 33 1 84 88 31 00

French Commercial code

Article L526-2 of the French Commercial code

Article L526-3 of the French Commercial code

Article L526-4 of the French Commercial code

Article L526-5 of the French Commercial code

Article L526-6 of the French Commercial code

Article L526-7 of the French Commercial code

Article L526-8 of the French Commercial code

Article L526-8-1 of the French Commercial code

Article L526-9 of the French Commercial code

Article L526-11 of the French Commercial code

Contact a French lawyer now

Contact a French Business Lawyer

Do you need French-law advice?
Contact our Lawyers in France.

Call + 33 1 84 88 31 00.

Our attorneys will contact you promptly within 24h. All information exchanged through this website will be communicated to attorneys only, and will remain confidential.

We Solve Legal & Tax Issues in France

French Commercial code

Contact a French lawyer now

Contact a French Business Lawyer

Do you need French-law advice? Contact our Lawyers in France.

Our attorneys will contact you promptly within 24h. All information exchanged through this website will be communicated to attorneys only, and will remain confidential.

We Solve Legal & Tax Issues in France

Useful links

You have a question in French Business Law?

Do you need French-law advice?
Contact our Lawyers in France.