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Home | French Legislation Articles | French Monetary and Financial Code | Regulatory part | Book II: Products | Title I: Financial instruments | Chapter IV: Collective investments. | Section 2: FIA. | Subsection 2: Funds open to non-professional investors. | Paragraph 2: Private equity funds. | Sub-paragraph 3: Local investment funds. | Article R214-66-1 of the French Monetary and Financial Code

French Monetary and Financial Code
- Regulatory part
  - Book II: Products
    - Title I: Financial instruments
      - Chapter IV: Collective investments.
        Section 2: FIA.
        Subsection 2: Funds open to non-professional investors.
        Paragraph 2: Private equity funds.
        Sub-paragraph 3: Local investment funds.

Article R214-66-1 of the French Monetary and Financial Code

Article R214-66-1 of the French Monetary and Financial Code

November 6, 2023
12:30 pm

A local investment fund may borrow up to 10% of its assets.

Original in French 🇫🇷

Article R214-66-1

Un fonds d’investissement de proximité peut procéder à des emprunts dans la limite de 10 % de ses actifs.

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