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Article L245-13 of the French Commercial code

A fine of €4,500 shall be imposed if the chairman of the general meeting of bondholders fails to record the decisions of any general meeting of bondholders in minutes, stating the date and place of the meeting, the method of convening, the agenda, the composition of the bureau, the number of bondholders taking part in the vote and the quorum reached, the documents and reports submitted to the meeting, a summary of the debates, the text of the resolutions put to the vote and the result of the votes.

Original in French 🇫🇷
Article L245-13

Est puni d’une amende de 4 500 euros le fait, pour le président de l’assemblée générale des obligataires, de ne pas procéder à la constatation des décisions de toute assemblée générale d’obligataires par procès-verbal, mentionnant la date et le lieu de la réunion, le mode de convocation, l’ordre du jour, la composition du bureau, le nombre d’obligataires participant au vote et le quorum atteint, les documents et rapports soumis à l’assemblée, un résumé des débats, le texte des résolutions mises aux voix et le résultat des votes.

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