Notwithstanding the provisions of the first paragraph of article L. 123-22 of the French Commercial Code, the accounts of a general-purpose investment fund may be kept in any currency, in accordance with the procedures laid down by decree.
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 1: General-purpose investment funds | Sub-paragraph 4: Operating rules | Article L214-24-52 of the French Monetary and Financial Code
Notwithstanding the provisions of the first paragraph of article L. 123-22 of the French Commercial Code, the accounts of a general-purpose investment fund may be kept in any currency, in accordance with the procedures laid down by decree.
Par dérogation aux dispositions du premier alinéa de l’article L. 123-22 du code de commerce, la comptabilité d’un fonds d’investissement à vocation générale peut être tenue en toute unité monétaire, selon des modalités fixées par décret.
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PETROFF LAW FIRM (SELARL LEGASTRAT)
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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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