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Article R131-13 of the French Commercial code

Insurance policies must not provide for an excess payable by the insured of more than 10% of the compensation due, subject to a limit of €8,000 per creditor. The excess is not enforceable against the creditors of a sworn goods broker.

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Article D131-14 of the French Commercial code

The examination to qualify as a sworn goods broker comprises : 1° A written and practical test lasting three hours, during which the candidate draws up a certificate, report or any other written document relating to the performance of the duties of a sworn goods broker; 2° A one-hour theoretical oral test on the knowledge required for the duties and function of a sworn goods broker; 3° A technological oral…

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Article R131-15 of the French Commercial code

The qualifying examination is held at least once a year. It is taken before a national selection board, which chooses the test subjects. The examining board is chaired by a senior or first-grade judicial magistrate. It is made up of two consular magistrates and two sworn goods brokers.

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Article R131-16 of the French Commercial code

The chairman and members of the jury are appointed by order of the Minister for Trade, on the recommendation of the Minister of Justice, in the case of the chairman, on the recommendation of the National Disciplinary Commission of Consular Magistrates, in the case of consular judges, and on the recommendation of the National Council of Sworn Commodity Brokers, in the case of sworn commodity brokers. The chairman and members…

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Article R131-17 of the French Commercial code

The practical organisation of the aptitude test is entrusted to the Conseil national des courtiers de marchandises assermentés, which receives the applications. A joint order of the Minister of Justice and the Minister for Trade shall, where necessary, lay down the terms and conditions for the application of this article. In particular, it may stipulate that, in certain branches of activity, continued inclusion on the list will be subject to…

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Article R131-18 of the French Commercial code

As soon as it appears that a sworn goods broker may have committed one of the breaches provided for in article L. 131-32, the public prosecutor, either on his own initiative or following a complaint from any interested party, shall carry out any useful investigation. If necessary, the Public Prosecutor will institute proceedings against the sworn freight broker before the judicial court sitting as a disciplinary panel. He ensures and…

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