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Article L113-1 of the French Sports Code

Local authorities or their groupings may not grant loan guarantees or sureties to the sports associations and societies mentioned in articles L. 121-1 and L. 122-2.

However, local and regional authorities or their groupings may grant their guarantee for loans contracted with a view to the acquisition of equipment by sports associations whose annual revenue does not exceed 75,000 euros.

They may also grant their guarantee for loans taken out for the acquisition, construction or renovation of sports facilities by sports associations or societies. In support of its application, the sports association or company must submit its audited accounts for three financial years, as forwarded to the body provided for in article L. 132-2.

The loan guarantees provided for in this article may only be granted in compliance with articles L. 2252-1, L. 3231-4 and L. 4253-1 of the General Local Authorities Code.

Original in French 🇫🇷
Article L113-1

Les collectivités territoriales ou leurs groupements ne peuvent accorder de garanties d’emprunt ni leur cautionnement aux associations sportives et aux sociétés sportives mentionnées aux articles L. 121-1 et L. 122-2.

Toutefois, les collectivités territoriales ou leurs groupements peuvent accorder leur garantie aux emprunts contractés en vue de l’acquisition de matériels par des associations sportives dont le montant annuel des recettes n’excède pas 75 000 euros.

Ils peuvent également accorder leur garantie aux emprunts contractés en vue de l’acquisition, de la réalisation ou de la rénovation d’équipements sportifs par des associations ou des sociétés sportives. L’association ou la société sportive produit à l’appui de sa demande ses comptes certifiés sur trois exercices tels que transmis à l’organisme prévu à l’article L. 132-2.

Les garanties d’emprunts prévues au présent article ne peuvent être accordées que dans le respect des articles L. 2252-1, L. 3231-4 et L. 4253-1 du code général des collectivités territoriales.

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