Article D514-1
The municipal credit banks may grant any natural person loans against pledges of tangible movable property, likely to be of appreciable value and in a good state of preservation. These assets are depo…
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Showing 3971–3980 of 14710 articles for “Art. 150 U et seq.”
The municipal credit banks may grant any natural person loans against pledges of tangible movable property, likely to be of appreciable value and in a good state of preservation. These assets are depo…
Appraisers must write the amount of their estimate and the amount of the loan to be granted by the institution in full on the appraisal form and sign it.
The amount of the loans, where they are secured by platinum, gold or silver goods, may not exceed four-fifths of their estimated value by weight. For other goods, this amount may not exceed two thirds…
If the institution loses all or part of the pledged item, the borrower is compensated by paying a sum equal to the appraised value of the item. This sum is increased by a fixed indemnity of 25%. The a…
Sales are carried out by the auctioneers attached to the establishment as appraisers. They are assisted, where necessary, by auctioneers and clerks chosen and paid by them. Failing this, sales are car…
The guidance and supervisory board of a caisse de crédit municipal comprises, in addition to the chairman, between six and twenty members.The number of members of the guidance and supervisory board is…
…or, in the latter's absence, by the most senior member of the Board present and, in the event of equality of seniority between them, by the eldest.
The budget of the municipal credit unions is accompanied by an estimate of financial transactions which group these transactions, according to their purpose, under three headings:1° Loan transactions…
The agency's aid may be granted in the form of loans, advances, equity investments, guarantees, donations or any other form of financial assistance. These loans may be granted to governments, internat…
The agency also performs its duties in the French overseas departments and collectivities and in New Caledonia.
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