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Article L514-3 of the French Monetary and Financial Code

The organisation and operation of the caisses de crédit municipal, and in particular the powers of the guidance and supervisory board and the financial system, are determined by decrees of the Conseil d’Etat issued on the report of the Minister responsible for the economy.

Original in French 🇫🇷
Article L514-3

L’organisation et le fonctionnement des caisses de crédit municipal et notamment les attributions du conseil d’orientation et de surveillance ainsi que le régime financier sont déterminés par décrets en Conseil d’Etat pris sur le rapport du ministre chargé de l’économie.

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