Article D214-32-15
The former fund, which retains the assets whose disposal would not be in the best interests of the unitholders pursuant to article L. 214-24-41, and the new fund have the same portfolio management com…
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Showing 3931–3940 of 60988 articles for “Art. II-2°”
The former fund, which retains the assets whose disposal would not be in the best interests of the unitholders pursuant to article L. 214-24-41, and the new fund have the same portfolio management com…
The management company reports to unitholders on the appointment of its corporate officers and employees to the positions of manager, director, member of the management board or member of the supervis…
I. - If the fund rules provide for capital to be called up in stages, it shall be paid up by the unitholders at the request of the management company before the end of the lock-up period provided for…
For the purposes of 1° of I of article L. 214-31, a company is deemed to carry out its activities mainly in establishments located in the regions or geographical area chosen by a local investment fund…
For the assessment of the 60% quota set out in I of Article L. 214-31 : 1° The numerator is made up of the subscription or acquisition price of the securities or rights in the portfolio and the book v…
The management company may not, on behalf of a fund, carry out any transactions other than forward or spot purchases or sales of its assets which are not traded on a regulated market within the meanin…
A local investment fund may borrow up to 10% of its assets.
For the purposes of calculating the 15% limit referred to in 1° of II of article L. 214-28, the denominator is the higher of the following two amounts: the fund's net assets or the paid-up amount of s…
For the companies mentioned in 3° of I of article L. 214-31, the condition of exclusive ownership is met when securities giving access to the capital of companies whose purpose is not to hold financia…
When a fund management company enters into forward purchase or sale transactions involving securities which are not admitted to trading on a financial instruments market within the meaning of I of art…
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