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Article R444-40 of the French Commercial code

The articles of association and internal regulations of the fund management company are approved by a joint order of the Minister of Justice and the Minister for the Budget. The internal regulations of the advisory committee are approved under the same conditions.

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Article R444-42 of the French Commercial code

The provisions of this Title apply to judicial auctioneers and other public or ministerial officers selling movable property, with the exception of those of paragraph 1 of sub-section 1 of section 2 as regards notaries and bailiffs who perform these functions pursuant to 3° of the article 1 of the law of 1 June 1924 introducing French commercial laws into the departments of Bas-Rhin, Haut-Rhin and Moselle.

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Article R444-43 of the French Commercial code

Where two or more judicial auctioneers intervene in the same auction or sale, no additional remuneration shall be due by the parties; the sharing of emoluments, excluding discounts, shall be done in accordance with the rules laid down by the judicial auctioneers section of the Chambre nationale des commissaires de justice. The discount respectively granted by each intervener shall, where applicable, be deducted from the share due to him pursuant…

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Article R444-47 of the French Commercial code

The sales report must mention before the start of the sale all items specified in catalogues and other advertising documents or exhibited as to be put up for sale and withdrawn from the sale; the reason for withdrawal is indicated. All items put up for sale are mentioned in the minutes as they are put up for sale, with an indication of the name and address declared by the buyer;…

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Article R444-48 of the French Commercial code

Judicial auctioneers shall declare to the disciplinary chamber each quarter the number of sales carried out and the amount of each sale. A judicial auctioneer who combines his duties with those of a bailiff must make the declaration mentioned in the first paragraph to the chamber of discipline of judicial auctioneers.

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Article R444-49 of the French Commercial code

Where, pursuant to the second paragraph of article 16 of decree no. 56-222 of 29 February 1956, a bailiff entrusts the service of a document to a colleague, the corresponding emolument is paid to the bailiff initially seized, then shared with the serving bailiff. The rules for sharing fees, excluding rebates, are as follows: 1° The bailiff who drafts the document receives one third of the emolument for the service;…

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