Call Us + 33 1 84 88 31 00

Article R512-14 of the French Monetary and Financial Code

Advances and loans to the regional branches of the central body of Crédit Agricole become immediately repayable in the event of a breach of the Articles of Association or amendments to the Articles of Association that would reduce the guarantees of repayment. They may become due and payable in the event of malfeasance on the part of the directors and managers of companies that have received advances or loans.

Original in French 🇫🇷
Article R512-14

Les avances et les prêts aux caisses régionales de l’organe central du Crédit agricole deviennent immédiatement remboursables en cas de violation des statuts et de modifications à ces statuts qui diminueraient les garanties de remboursement. Ils peuvent être exigibles en cas de malversations des administrateurs et du directeur des sociétés ayant reçu des avances ou des prêts.

Need help with this article? Get help from a French lawyer

Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call us at +33 (0) 1 84 88 31 00 or send us an email.

Useful links

You have a question in French Business Law?

Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call +33 (0) 1 84 88 31 00 or send us an email.

All information exchanged through this website will be communicated to lawyers registered with a French Bar and will remain confidential.