Financial instruments
LexInter | January 14, 2002 | 0 Comments

FINANCIAL INSTRUMENTS

Chapter I
Definition and general rules

Section 1
Definitions (Article L211-1)

Section 2
General rules applicable to transferable securities (Article L211-2)

Sub-section 1
Conditions of issue (Article L211-3)

Sub-section 2
Account registration (Articles L211-4 to L211-4-1)

Sub-section 3
Identification of holders (Article L211-5)

Section 3
Rules applicable in the event of reorganization or judicial liquidation of an authorized intermediary (Article L211-6)

Chapter II
Capital securities and securities giving access to capital

Section 1
Capital securities

Sub-section 1
Cash and contribution shares (Article L212-1)

Sub-section 2
Mandatory registered shares (Articles L212-2 to L212-4)

Sub-section 3
Preference actions (Article L212-5)

Sub-section 4
Provisions applicable to categories of securities in process of extinction (Articles L212-6 to L212-6-4)

Section 2
Securities giving access to the capital (Article L212-7)

Section 3
Special regimes for access to capital in favor of salaried personnel

Sub-section 1
Employee profit- sharing and profit-sharing in the company’s results (Articles L212-13 to L212-14)

Sub-section 2
Capital increase operations (Article L212-15)

Sub-section 3
Share subscription or purchase options (Article L212-16)

Sub-section 4
Warrants to subscribe for shares of company founders (Article L212-17)

Chapter III
Debt securities

Section 1
Negotiable debt securities (Articles L213-1 to L213-4)

Section 2
Obligations

Sub-section 1
General rules (Articles L213-5 to L213-6-2)

Sub-section 2
Bonds issued by economic interest groups (Article L213-7)

Sub-section 3
Bonds issued by associations (Articles L213-8 to L213-21)

Section 3
Securities issued by the State (Article L213-21-1)

Sub-section 1 Government
loans (Article L213-22)

Sub-section 2
Treasury bills (Articles L213-23 to L213-31)

Section 4
Participatory securities (Articles L213-32 to L213-35)

Chapter IV
Collective 
investments (Article L214-1)

Section 1
Undertakings for collective investment in transferable securities

Sub-section 1
Provisions common to undertakings for collective investment in transferable securities (Articles L214-2 to L214-14)

Sub-section 2
Special rules relating to investment companies with variable capital (Articles L214-15 to L214-19)

Sub-section 3
Rules specific to mutual funds (Articles L214-20 to L214-32)

Sub-section 4
Undertakings for collective investment in transferable securities with sub- funds (Article L214-33)

Sub-section 5
Undertakings for collective investment in master and feeder securities (Article L214-34)

Sub-section 9
Undertakings for collective investment in transferable securities reserved for certain investors

Paragraph 1
Undertakings for collective investment in transferable securities with 
streamlined investment rules (Articles L214-35 to L214-35-1)

Paragraph 2
Undertakings for collective investment in contractual transferable securities 
(Articles L214-35-2 to L214-35-6)

Subsection 10
Fund risks common to investment (Articles L214-36 to L214-38)

Sub-section 11 Company
mutual funds (Articles L214-39 to L214-40-1)

Sub-section 12
Mutual funds for innovation (Article L214-41)

Sub-section 13 Local
investment funds (Article L214-41-1)

Sub-section 14
Common funds for intervention on the futures markets (Article L214-42)

Section 2
Common debt funds (Articles L214-43 to L214-49)

Section 3
The real estate investment companies (Articles L 214-50 to L214-84-3

Sub-section 1
General scheme

Sub-section 2
Subscription of units

Sub-section 3
Management

Sub-section 4
General Assembly

Sub-section 5
Accounting provisions

Sub-section 6
Merger

Sub-section 7
Rules of good conduct

Sub-section 8
Transitional provisions

Section 4
Forest savings companies (Articles L214-85 to L214-88)

Section 5
Collective real estate investment undertakings

Sub-section 1
Common provisions (Articles L 214-89 to L 214-119)

Paragraph 1
Constitution and rules for the composition of the assets of the real estate collective investment scheme

Paragraph 2
Accounting and financial provisions

Paragraph 3
Valuation of real estate assets

Paragraph 4
Custodian of a real estate collective investment undertaking

Paragraph 5
Management company of the real estate collective investment scheme

Sub-section 2
Specific rules relating to investment companies predominantly in real estate with variable capital (Articles L214-120 to L214-129)

Sub-section 3
Special rules relating to real estate investment funds (Articles L214-130 to L214-143)

Sub-section 4
Real estate collective investment undertakings with streamlined operating rules (Articles L214-144 to L214-145)

Sub-section 5
Undertakings for collective real estate investment with compartments (Article L214-146)

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