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Showing 1351–1360 of 64601 articles for “Art. L 221-27 and D 221-103”
The Guidance and Supervisory Board determines the duration of the loans. This may not exceed two years, including the extension of loans.However, borrowers have the option of releasing their property…
If the pledged item deteriorates, the borrower may relinquish it to the institution, subject to payment of compensation determined in accordance with the procedures set out in article D. 514-12. In th…
The valuation of items pledged by borrowers is carried out by judicial auctioneers, who are appointed for a renewable term of three years by the director of each municipal credit union.Before making t…
The remuneration of appraisers is set by the Guidance and Supervisory Board. It may not exceed 0.50% of the amount of loans granted or renewed on the basis of the appraisal of pledged assets.
I. - Any person pledging items must sign the deed recording the pledge of these items. This deed shall be drawn up in writing or on another durable medium.II. - The deed formalising the agreement of t…
An acknowledgement of delivery of the loaned item is issued by the caisse to the borrower at the same time as the borrower receives payment of the amount loaned. This acknowledgement is either issued…
Pledged assets which have not been released or renewed by the end of the term stipulated in the acknowledgements issued to the borrowers, or for which an additional term has not been granted by the Di…
Sales are made exclusively in cash and in euros. Judicial auctioneers, or other public or ministerial officers entrusted with sales under the conditions set out in article D. 514-17, are liable to the…
If borrowers have not requested repayment of the bonuses to which they are entitled within three months of the sale proceeds being cleared, the institution will notify them of these bonuses, if they a…
Within the limits set out in Article D. 514-8, the institution may grant a loan for an amount greater than that guaranteed by the judicial auctioneers. If the pledged property is sold at a price lower…
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