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Article L131-11 of the French Commercial code

The fact that a broker is entrusted with a brokerage transaction for a matter in which he had a personal interest, without informing the parties to whom he will have acted as intermediary, is punishable by a fine of 3,750 euros without prejudice to the parties’ action for damages. If he is registered on the list of brokers referred to in article L. 131-12, he shall be struck off the list without being able to be registered again for a period that may not exceed five years.

Original in French 🇫🇷
Article L131-11

Le fait pour un courtier d’être chargé d’une opération de courtage pour une affaire où il avait un intérêt personnel, sans en prévenir les parties auxquelles il aura servi d’intermédiaire, est puni d’une amende de 3 750 euros sans préjudice de l’action des parties en dommages-intérêts. S’il est inscrit sur la liste des courtiers mentionnée à l’article L. 131-12, il en est rayé sans pouvoir s’y inscrire de nouveau pendant une durée qui ne peut excéder cinq ans.

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