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Article L2542-28 of the French General Code of Local Authorities

Public-private companies existing in the départements of Moselle, Bas-Rhin and Haut-Rhin and created in application of the local law of 6 June 1895 on municipal organisation in Alsace-Lorraine may derogate from the provisions of article L. 1522-1 concerning the majority shareholding of local and regional authorities and the public limited company form.

Original in French 🇫🇷
Article L2542-28

Les sociétés d’économie mixte existant dans les départements de la Moselle, du Bas-Rhin et du Haut-Rhin et créées en application de la loi locale du 6 juin 1895 sur l’organisation municipale en Alsace-Lorraine peuvent déroger aux dispositions de l’article L. 1522-1 concernant la participation majoritaire des collectivités territoriales au capital et la forme de société anonyme.

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