When an interdepartmental institution or body mentioned in Article L. 5421-1 meets the conditions set out in Article L. 5721-2, it may be transformed into a mixed syndicate.
This transformation is decided, on the proposal of the board of directors of the institution or body, by the concurring deliberations of its members. The deliberative bodies of the members decide within three months of notification to their president of the deliberation proposing the transformation. In the absence of a decision within this period, their decision is deemed to be favourable.
All the assets, rights and obligations of the interdepartmental institution or body are transferred to the syndicat mixte, which automatically replaces the interdepartmental institution or body in all its deliberations and all its acts on the date of the transformation. Contracts are performed under the previous conditions until they expire, unless the parties agree otherwise. The co-contracting parties are informed of the change of legal entity. The substitution of a legal entity for contracts concluded by the interdepartmental institution or body does not give rise to any right to termination or compensation for the co-contractor. All the staff of the interdepartmental institution or body is deemed to come under the joint association, under its own conditions of status and employment.