Article L212-13 of the French Monetary and Financial Code
November 8, 2023
The rules governing employee profit-sharing are set out in Chapter I of Title IV of Book IV of the French Labour Code.
The rules governing employee profit-sharing are set out in Chapter I of Title IV of Book IV of the French Labour Code.
The rules governing employee profit-sharing are set out in Chapter II of Title IV of Book IV of the French Labour Code.
Companies may carry out capital increases by issuing shares reserved for employees under the terms and conditions set out either in Articles L. 225-187 to L. 225-197 of the French Commercial Code or in Articles L. 3332-18 to L. 3332-24 of the French Labour Code and L. 225-138-1 of the French Commercial Code.
Options giving the right to subscribe for or purchase shares may be granted under the terms and conditions set out in Articles L. 225-177 to L. 225-186, L. 22-10-56 and L. 22-10-57 of the French Commercial Code.
Business creator share warrants may be allocated under the conditions and according to the procedures set out in article 163 bis G of the French General Tax Code.
Each debt security represents a claim on the legal entity or securitisation fund which issues them. By way of derogation from article 1349 of the French Civil Code and article L. 228-74 of the French Commercial Code, debt securities may be acquired and held by their issuers for the purpose of promoting their liquidity and, in the case of the securities referred to in 3° below, may be subscribed or…
Negotiable debt securities are financial instruments issued at the issuer’s discretion, negotiable on a trading platform referred to in Article L. 420-1 or over-the-counter, each of which represents a debt right.
Negotiable debt securities are recorded in a securities account held by an intermediary referred to in article L. 211-3 or in a shared electronic recording system referred to in the same article.
The following are authorised to issue negotiable debt securities: 1. Credit institutions, investment firms and the Caisse des Dépôts et Consignations, subject to compliance with the conditions laid down for this purpose by the Minister for the Economy; 1 bis. Finance companies, subject to compliance with the conditions laid down for this purpose by the Minister for the Economy and provided that the proceeds of these issues do not constitute…
Before issuing negotiable debt securities for the first time, issuers must prepare financial documentation covering their business, their economic and financial situation and the issue programme. This financial documentation, drawn up in French, is filed with the Banque de France, which is responsible for ensuring that issuers comply with the issuance conditions set out in Article L. 213-3. A decree shall lay down the conditions for the application of this…
Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call us at +33 (0) 1 84 88 31 00 or send us an email.
is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
Resources
is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
Useful links
Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call +33 (0) 1 84 88 31 00 or send us an email.
All information exchanged through this website will be communicated to lawyers registered with a French Bar and will remain confidential.
