The SICAF may only make a public offer if the nominal value of the shares issued exceeds an amount set by decree.
This condition does not apply if the SICAF intends to make a public offer as referred to in 1° of Article L. 411-2.
Home | French Legislation Articles | French Monetary and Financial Code | Legislative part | Book II: Products | Title I: Financial instruments | Chapter IV: Collective investments | Section 2: FIA | Subsection 2: Funds open to non-professional investors | Paragraph 5: Sociétés d'investissement à capital fixe (closed-end investment companies) | Sub-paragraph 1: Common provisions | Article L214-130 of the French Monetary and Financial Code
The SICAF may only make a public offer if the nominal value of the shares issued exceeds an amount set by decree.
This condition does not apply if the SICAF intends to make a public offer as referred to in 1° of Article L. 411-2.
La SICAF ne peut procéder à une offre au public que si le montant nominal des actions émises est supérieur à un montant fixé par décret.
Cette condition n’est pas applicable lorsque la SICAF entend procéder à une offre au public mentionnée au 1° de l’article L. 411-2.
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75001, Paris France
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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
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