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Showing 3041–3050 of 26171 articles for “Art. 4 B”
A person directly or indirectly interested in the agreement must inform the Board as soon as he/she becomes aware of an agreement to which article L. 225-38 is applicable. It may not take part in the…
Without prejudice to the liability of the party concerned, the agreements referred to in Article L. 225-38 and entered into without the prior authorisation of the Board of Directors may be annulled if…
Subject to articles L. 225-21-1, L. 225-22, L. 225-23, L. 225-27 and L. 225-27-1, directors may not receive from the company any remuneration, permanent or otherwise, other than that provided for in a…
The repayment of dividends that do not correspond to profits actually earned may be demanded from the shareholders who received them. The repayment action is time-barred after three years from the dat…
Subscription of shares for cash is recorded by a bulletin drawn up in accordance with the conditions determined by decree of the Conseil d'Etat.
…s of Association must provide for an age limit for the performance of the duties of Chairman of the Board of Directors which, in the absence of an express provision, is set at sixty-five years.Any app…
Limited liability companies are not dissolved where a judicial liquidation judgment, personal bankruptcy, a management ban provided for by Article L. 625-8 or a measure of incapacity is pronounced aga…
The Board of Directors may allocate exceptional remuneration for assignments or mandates entrusted to directors. In this case, such remuneration, charged to operating expenses, is subject to the provi…
Agreements approved by the meeting, like those disapproved by it, produce their effects with regard to third parties, except when they are cancelled in the case of fraud. Even in the absence of fraud,…
Under penalty of nullity of the contract, directors other than legal entities are prohibited from contracting loans from the company in any form whatsoever, from being granted an overdraft by the comp…
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