Key Benefits:
Publics concerned: the financing management company and the guarantee of social ownership (SGFGAS) and its shareholders.
Subject: approval of the statutes of the SGFGAS.
Entry into force: the text comes into force on the day after its publication.
Notice: SGFGAS is an anonymous company that manages regulated loans and saves housing on behalf of the State. This decree, taken in application of theArticle L. 312-1 of the Construction and Housing Code (CCH), approves the new statutes of the SGFGAS. It aligns the statutes with the new missions of the company, including the control of the housing savings plan, and changes its name. The Order also makes coordination changes as a result of the change in the name of the SGFGAS. Finally, the decree corrects an editorial error in article R. 312-3-1 of the CCH.
References: This decree is available on the website Légifrance (http://www.legifrance.gouv.fr).
The Prime Minister,
On the report of the Minister of Housing, Land Equality and Rurality,
Vu le building and housing codeincluding articles L. 312-1 and R. 312-3-1;
Considering the statutory amendments adopted on 18 December 2014 by the General Extraordinary Meeting of Shareholders of the SGFGAS,
Decrete:
The amended statutes of the corporation referred to in last paragraph of Article L. 312-1 of the Construction and Housing Code, as adopted by the extraordinary general assembly of its shareholders on December 18, 2014, are approved.
The statutes of the company referred to in last paragraph of Article L. 312-1 of the Construction and Housing Code are annexed to this Decree.
In all existing regulations, the words: "Société de gestion du fonds de garantie de l'accession sociale à la propriété" are replaced by the words: "society mentioned in the last paragraph of Article L. 312-1 of the Construction and Housing Code "
In section R. 312-3-1 of the Construction and Housing Code, the words "to corporations" are replaced by the words "to corporations".
The decree of 17 March 1993 approving the statutes of the management company of the guarantee fund for social ownership is repealed.
The Minister of Finance and Public Accounts and the Minister of Housing, Equality of the Territories and Rurality are responsible for the execution of this Order, which will be published in the Official Journal of the French Republic.
Annex
Article 1
Form
The company is in an anonymous form.
Article 2
Subject
The purpose of this company is to:
1. The management of the state guarantee granted to housing loans under theArticle L. 312-1 of the Construction and Housing Code.
2. The management of State aids in respect of uninterested advances for the acquisition, construction or renovation of a principal residence pursuant to the articles 244 quater J, 244 quater U and 244 quater V General Tax Code, L. 31-10-1 et seq. and R. 317-1 et seq. building and housing code.
3. Regulatory and statistical monitoring and control of the operations related to the housing savings plan referred to inArticle L. 315-1 of the Construction and Housing Code.
4. And more generally, any operations of any kind, economic or legal, financial, civil or commercial, that may relate directly or indirectly to this social object or to any similar, related or complementary objects; the direct or indirect participation of the company in any activities that may relate directly or indirectly to the social object.
Article 3
Name
The company has as its name "Société de gestion des financements et de la garantie de l'accession sociale à la propriété", used under the acronym SGFGAS.
Article 4
Headquarters
The head office is set at 13, rue Auber, 75009 Paris. It may be transferred to any other place of the same department or neighbouring departments by decision of the board of directors subject to ratification of this decision by the next most ordinary general meeting of shareholders and everywhere else under a decision of the extraordinary general assembly of shareholders, subject to the legal provisions in force.
Article 5
Duration of society
The length of the company is 99 years from the date of its registration in the trade and business register except for cases of early dissolution or extension provided by law or decided by the extraordinary general meeting of shareholders.
Article 6
Ports
During the formation of the society, only cash contributions were made.
Article 7
Social capital
The social capital is set at the sum of nine hundred forty-two thousand eight hundred and seventy euros (942,870 euros), divided into sixty-two thousand eight hundred and fifty-eight (62,858) shares of fifteen euros each, fully released and of the same category.
Article 8
Release of shares
Any subscription of shares in cash is obligatoryly accompanied by the payment of the total of the nominal amount of the shares subscribed and, where applicable, the total of the emission premium.
Article 9
Actionnariat
In addition to the President of the Board of Directors appointed under the terms and conditions set out in section 12 of these Regulations and the shareholders already present as of 18 December 2014, only may become shareholders of the corporation, provided that the company has entered into an agreement relating to the guarantees of social accession to the property or distribution of the refundable advances referred to in section 2 of these Regulations:
- credit institutions and financing companies within the meaning ofArticle L. 511-1 of the monetary and financial code ;
- central bodies, in the sense of articles L. 511-30 et seq. of the monetary and financial code.
Actions must be nominal. They are registered on behalf of their licensee in accounts held by the corporation.
Each insulated credit institution, each insulated financing corporation or each "share of shareholders" in the sense described below must respect a principle of equal distribution of shares in the capital of the corporation. A group of shareholders agrees, among the shareholders present, either from a central body and the credit institutions and the financing companies that are affiliated to it, or from credit institutions and/or financing companies that belong to the same group.
Registration certificates are validly signed by the Chairman of the Board of Directors or any other person who has received delegation to this effect.
Article 10
Transmission of shares
A. - Indivisibility of actions
The shares are indivisible to the corporation.
B. - Procedure for transmitting actions
1. Securities between shareholders
Securities between existing shareholders are free provided that they comply with the principle of equal shares of capital set out in A of this section. Prior to the assignment, the shareholders in question must apply to the board of directors to facilitate, where appropriate, the equal distribution of the capital and the determination of the sale price.
Any transfer of shares or voting rights to a non-shared third party, either on an expensive basis or free of charge under these statutes, shall be subject to the approval of the general meeting of shareholders.
With respect to transfers of securities, the transfer is regulated by signing an order of movement, which must be handed over to the chair of the board of directors in the month following the notification of the decision of the ordinary general meeting of shareholders.
2. Procedure for entering the capital of a new shareholder
The credit institution, the financing company or the central agency wishing to become a shareholder of the FAMS shall notify the company, by registered letter with request for notice of receipt, indicating its name, head office and registration number in the trade register and companies.
The general meeting of shareholders must decide on the requested approval and notify its decision by registered letter with notice of receipt within three months of receipt of the notification of the application for approval. The decision of the general meeting of shareholders does not have to be motivated and, in the event of refusal, cannot give rise to any claim.
3. Modalities of integration to the capital of the new shareholder
After verifying the conditions of entry of the new partner, the General Assembly shall determine, on the report of the Board of Directors, the terms and conditions of its integration into capital and shall communicate the emission price or the sale price.
3.1. Subscription to capital through capital increase
(a) In the event of a request for the entry of a new shareholder to the capital of the corporation, the subscription to capital may be made by way of capital increase.
In this case, the new shareholder undertakes to subscribe a number of securities equal to that of other shareholders, credit institutions or central bodies;
(b) The Extraordinary General Assembly is the sole authority to decide, on the report of the Board of Directors, an increase in immediate or term capital. It may delegate this jurisdiction to the board of directors under the conditions set out in theArticle L. 225-129-2 of the Commercial Code.
3.2. Subscription to capital by transfer of securities from all existing shareholders
In the event of subscription to the capital by transfer of securities from all existing shareholders, the total number of shares of the corporation is divided by the number of shareholders, including the new shareholder, into a whole number of shares. The new shareholder acquires from other shareholders all the shares returned to him. The remaining shares are acquired by the shareholder who has proposed and has been approved, for this purpose, by all other shareholders, or are assigned as expensive to the Chairman of the Board of Directors of the SGFGAS.
3.3. Cession of capital or securities securities on the initiative of an existing shareholder
A shareholder who wishes to assign its shares to a third party shall, under penalty of nullity of the assignment, request the authorization of the assignee under the detailed conditions in paragraph B.2 of this article.
The response to the assignment, taken by the general meeting of shareholders, is notified to the assignor who will inform the assignee.
Failure to respond within three months of the notification of the application shall be deemed to have been granted.
In the event of a refusal of approval of the proposed assignee(s), the assignor may, at any time, make known to the board of directors that it renounces its proposed assignment.
If the assigning shareholder has not renounced his project, the board of directors shall be held within three months from the date of notification of refusal, to acquire its securities either by a third party (a), or by the shareholders (b), or, with the consent of the assignor, by the corporation for a reduction of capital (c). If at the expiry of the three-month period, the purchase is not made, the registration is deemed to be given. The assignor shareholder is then authorized to proceed with the assignment to the original assignee.
(a) The redemption of securities by a third party:
If a third party, other than the original proposed assignee, wishes to purchase the securities of the corporation, it shall be designated by the General Meeting of Shareholders under the conditions set out in B.2 of this section;
(b) Purchase of shares by other shareholders:
The total number of shares of the company may be divided by the number of shareholders, credit institutions, financing company or central bodies, in a whole number of shares. each shareholder to acquire from the outgoing shareholder the titles returning to him. The remaining shares are assigned to the President of the Board of Directors of the FAGAS on an expensive basis;
(c) Purchase of shares by the company and reduction of capital:
The company may also, with the consent of the assigning shareholder, redeem the shares of a shareholder wishing to withdraw, by proceeding correlatively with a capital reduction. If there is no agreement between the parties, the purchase price of the shares will be determined under the conditions specified in theArticle 1843-4 of the Civil Code.
The reduction of capital is authorized or decided by the extraordinary general assembly which may delegate this jurisdiction to the board of directors under the conditions provided by law.
Article 11
Board of Directors
1. The corporation is administered by a board of directors of not more than twelve members.
The Board of Directors is composed of:
- the President of the Board of Directors;
- of not more than four (4) members designated among the candidates proposed by shareholders who have the status of a central body representing the credit institutions approved as a mutualist or cooperative bank within the meaning of monetary and financial code ;
- of not more than five (5) members nominated among the candidates proposed by shareholders who have the status of a registered credit institution as a specialized bank or credit institution within the meaning of monetary and financial code ;
- not more than one (1) member designated among the candidates proposed by shareholders who have the status of a financing corporation within the meaning of the same code;
- not more than one (1) qualified person who may not fall within the previous categories.
At the time of their appointment, legal persons must designate a permanent representative who is subject to the same conditions and obligations and who assumes the same responsibilities as if he was a director on his own behalf, without prejudice to the solidarity of the legal person he represents.
When the director legal entity terminates the mandate of its permanent representative, it must promptly notify the corporation by registered letter of its decision and the identity of its new permanent representative. The same applies to the death or resignation of the permanent representative.
2. The duration of the functions of the Professional staff is six years.
Directors elected by the ordinary general meeting of shareholders are always eligible; They can be revoked at any time.
No one may be appointed representative of a director if, having exceeded the age of 70, his or her appointment has the effect of bringing to more than one third of the board members the number of directors who have exceeded that age. If, due to the fact that a director in office is above the age of 70, the proportion of the above-mentioned third party is exceeded, the senior administrator representative is deemed to be resigned ex officio after the next ordinary general meeting of shareholders.
3. If one or more seats of directors become vacant between two general assemblies, the board of directors may make one or more temporary appointments. The closest General Assembly shall make the final replacement for the remaining period of the Administrator's term to be replaced.
Article 12
Presidency of the Board of Directors
In accordance withArticle L. 312-1 of the Construction and Housing Codethe President of the Board of Directors shall be appointed by joint order of the Minister for Economics and Finance and the Minister for Housing.
The Board of Directors is consulted prior to this appointment.
No one may be appointed to the Board of Directors if he is over 70 years of age. If the chair of the board of directors in office exceeds that age, he is deemed to be resigning after the next meeting of the board of directors.
In the event of the absence or incapacity of the President, the board session shall be chaired by the administrator specially elected for that purpose by the members of the board present.
Article 13
Council deliberations
1. The board of directors shall meet on the convocation of its president, or that of at least one third of its members, at the head office or at any other place indicated in the summons.
The summons is made at least three days in advance by letter, fax or e-mail. In exceptional circumstances, it may be verbal and without delay if all directors consent to it, such consent must be confirmed by letter, fax or courier on the day of the board.
When the functions of President and Director General are separated, the Director General may request the Chair to convene the Board on a specific agenda.
2. Decisions are made under the conditions of quorum and majority provided by law.
3. A presence register is maintained that is signed by the directors participating in the board of directors.
4. The deliberations of the Board of Directors are found by minutes established and signed in accordance with the legal provisions in force. Copies or extracts of these minutes shall be certified by the President of the Board of Directors, the Director General, the temporary delegated administrator in the functions of the President or a authorized authority.
Article 14
Authority of the Board of Directors
The Board of Directors determines the direction of the company's activity and ensures that it is implemented. Subject to the powers expressly assigned to the shareholder assemblies and within the limits of the social object, he shall take up any matter of interest to the good march of the society and settle in his deliberations the affairs concerning it. The Board of Directors conducts the controls and audits that it considers appropriate.
Article 15
Direction de la société
1. The President of Council organizes and directs the work of the Council, which he reports to the General Assembly and executes his decisions.
2. In accordance with provisions of Article L. 225-51-1 of the Commercial Code, the general management of the corporation is assumed either by the president of the board of directors or by another natural person appointed by the board of directors and bearing the title of Director General. The choice between these two Terms of Service of General Management is made by the Board of Directors. Shareholders and third parties are informed of this in regulatory terms.
The deliberation of the board of directors regarding the choice of the general management exercise modality is taken by a majority of the directors present or represented.
The option chosen by the Board of Directors may only be challenged when the chair of the Board of Directors or the Director General is renewed or replaced. The change in general management exercise modality does not result in a change in statutes.
3. Director General.
Depending on the choice made by the board of directors in accordance with the above provisions, the general management is provided either by the chair or by a natural person appointed by the board of directors and bearing the title of Director General.
When the Board of Directors selects the dissociation of the functions of President and Director General, it shall appoint the Director General, shall determine the duration of its term of office which may not exceed that of the term of office of the President, determine its remuneration and, where appropriate, the limitations of its powers.
For the performance of his duties, the Director General must be under age 65. When this age limit has been reached, the Director General will be deemed to be resigned ex officio and a new Director General will be appointed.
The Director General is revocable at any time by the Board of Directors. When the Director General does not act as President of the Board of Directors, his revocation will result in damages, if it is decided without just cause.
The Director General is vested with the most extensive powers to act on behalf of the corporation in all circumstances. It exercises these powers within the limits of the social object and subject to those expressly assigned by the law to shareholder assemblies and to the board of directors.
The Director General represents the corporation in its relations with third parties. The company is engaged even by the acts of the Director General that do not fall within the scope of the social object, unless it proves that the third party knew that the act exceeded that object or could not ignore it in the circumstances, being excluded that the only publication of the statutes was sufficient to form that evidence.
4. Delegates general managers.
On the proposal of the Director General, whether this function is performed by the President of the Board of Directors or by another person, the Board of Directors may appoint one or more natural persons to assist the Director General with the title of Associate Director General.
For the performance of their duties, Delegate General Managers must be under age 65. In the course of office this age limit has been reached, the managing director concerned will be deemed to be resigning ex officio.
Article 16
Remuneration of Professional, President, Director General and Delegates General
1. The ordinary general assembly may allocate to the directors of the tokens of presence, the amount of which remains maintained until the contrary decision of the general assembly. The Board of Directors distributes this remuneration among its members as it hears.
2. The remuneration of the President of the Board of Directors and the remuneration of the Director General and, where applicable, delegated Directors General shall be determined by the Board of Directors.
Article 17
Regulated conventions
Any agreement that intervenes directly or indirectly or by person interposed between the corporation and its Director General, one of its managing directors, one of its directors, one of its shareholders having a fraction of the voting rights of more than 10% or, if it is a shareholder corporation, the corporation controlling it within the meaning of theArticle L. 233-3 of the Commercial Code, must be subject to the prior authorization of the board of directors under the legal conditions.
Unless the contract is null and void, directors other than legal persons, the Director General and the Directors General Delegates and the permanent representatives of the directors are prohibited from contracting, in any form, borrowing from the company, from the Director General and from the permanent representatives of the directors, to be granted by the Director General an uncovered account or otherwise, as well as from making their commitments to third parties. The same prohibition applies to spouses, ascendants and descendants of the above persons and to any interposed person.
Conventions on routine and normal operations are not subject to the legal authorization and approval procedure. However, these conventions, except where due to their object or financial implications, they are not significant to any of the parties, are communicated by the interested party to the Chair of the Board of Directors. The list and subject matter of the said conventions are communicated by the President to the members of the Board of Directors and the auditors.
Article 18
Personnel detachment
For the exercise of its duties defined by law and regulation, the company may appeal to members of the public service of category A or B, seconded by the administration.
The number of seconded staff cannot exceed five.
Article 19
Censors
The board of directors may decide on the creation of censors, whose number is not more than four.
In this case, at most two of them are appointed by the ordinary general meeting of shareholders. The duration of their duties is four years. They are eligible for re-election. In the event of the death or resignation of one of them, the board of directors shall, between two general assemblies, have the power to make the provisional appointment of a new censor to replace the censor resigned or deceased. The closest General Assembly shall make the final replacement for the remaining period of time for the censor to be replaced.
Two more censors are appointed by joint order of the Minister for Economics and Finance and the Minister for Housing. They can be replaced under the same conditions.
The censors are responsible for ensuring strict enforcement of the statutes.
They attend meetings of the board of directors with an advisory voice. They review inventories and annual accounts. In this regard, they present their comments to the board of directors and, if they deem it to the general assembly.
Books, accounting, and generally all scriptures, must be communicated to them in any requisition. They can, at any time, verify the status of the cash and portfolio.
Rule 20
Government Commissioners
Government commissioners are appointed by joint order of the Minister for Economy and Finance and the Minister for Housing. They ensure that the company operates in accordance with its own legal and regulatory texts and with the missions entrusted to it.
Government Commissioners report to the Minister responsible for the economy and finance and to the Minister responsible for housing the company's activity.
They attend meetings of the board of directors and have, pursuant toArticle L. 312-1 of the Construction and Housing Codea right of veto on any decision that affects the financial commitment of the State, in particular under the aid loans and guarantees referred to in article 2 of the present statutes.
The hierarchical use of a government commissioner's decision to the Minister for Economy and Finance or to the Minister for Housing is not suspensive of the veto decision.
The Commissioners of the Government are invited to meetings to prepare decisions that may have an effect on the financial commitments of the State, in particular under the aid loans and guarantees referred to in Article 2 of the present Statutes.
Government Commissioners may be provided by the company with any documents and provide any information necessary to carry out their mission.
Article 21
Auditors
The ordinary general meeting of shareholders shall, under the conditions and with the mission established by law, designate one or more auditors and one or more alternate auditors.
The remuneration of the auditors shall be determined in accordance with the regulations in force.
They perform their duties for a period of six years that ends at the end of the general assembly that decides on the accounts of the fiscal year.
Article 22
General Assembly
1. General assemblies are convened and deliberated under the conditions provided by the texts. They are gathered at the head office or at any other place specified in the notice of summons. Calls are sent to shareholders by mail or electronic mail.
2. The general assembly consists of all shareholders regardless of the number of shares they hold, respectively, provided they have been released from due payments.
The shareholders are represented at the General Meetings either by a legal representative or by a designated authority.
3. The meetings are chaired by the President of the Board of Directors or, in his absence, by the member of the oldest board of directors present at this meeting. Otherwise, the assembly elects its president.
Article 23
Social exercise
The social exercise begins on April 1 of each year to end on March 31 of the following year.
Article 24
Distribution of profits
The benefits of the fiscal year, if any, are reduced from previous losses, at least a 5% levy, to form the legal reserve fund. On the distribuable benefit, it is taken first of all any amount that the General Assembly will decide to reschedule on the next fiscal year or to allocate to the creation of any extraordinary reserve, foreseeance or otherwise, with a special assignment or not. The potential surplus is distributed among all shareholders on the basis of their rights in capital.
Rule 25
Liquidation
1. Subject to compliance with the mandatory legal requirements in force, the liquidation of the company will be governed by the following rules, which states that articles 402 to 418 of the Act of 24 July 1966 on commercial companies are not applicable.
2. The shareholders in the ordinary general assembly shall appoint, among the directors, one or more liquidators of which they determine the functions and remuneration.
The liquidator(s) perform their mission under the control of the Government ' s commissioners. Their appointment terminates the duties of the members of the Board of Directors and, unless the Assembly decides otherwise, those of the auditors.
The ordinary general assembly may always revoke or replace liquidators and extend or restrict their powers.
The liquidator ' s mandate is, unless otherwise stipulated, given for the duration of the liquidation.
3. Liquidators have, jointly or separately, the most extensive powers to the effect of realizing, at the prices, expenses and conditions that they will notify, all the assets of the company and to extinguish its liabilities.
The liquidator(s) have, even separately, the quality to represent the corporation in respect of third parties and to take legal action in all jurisdictions both in demand and in defence.
4. During the liquidation, the general meeting of shareholders is held as often as the interest of the corporation requires.
The general assembly is validly convened by liquidators or shareholders representing at least one tenth of the social capital.
The general meeting of shareholders is chaired by one of the liquidators or, in its absence, by the shareholder with the largest number of votes. It deliberates on the same quorum and majority conditions as before dissolution.
5. At the end of the liquidation, the shareholders in the ordinary general assembly shall decide on the final account of the liquidation, the quitus of the management of the liquidator(s) and the discharge of their mandate. They note, under the same conditions, the closure of the liquidation.
If liquidators fail to convene the general meeting of shareholders, the president of the trade tribunal, by order of reference, may, at the request of any shareholder, appoint an agent to proceed with such summons.
If the closing shareholders' general assembly cannot deliberate, or if it refuses to approve the liquidation accounts, it is decided by a decision of the trade tribunal, at the request of the liquidator or any interested party.
6. The net assets, after repayment of the nominal shares, are also shared between shareholders in the same proportions as their capital participation.
When repayment of social capital, the charge of all taxes that the company would have the obligation to retain at the source will be distributed among all shares indistinctly in proportion to the capital reimbursed to each of them without taking into account the different emission dates or the origin of the various shares.
Rule 26
Appointment of the first members of the Board of Directors
Be appointed as first directors to compose the board of directors of the corporation for a period ending at the end of the general meeting of shareholders to decide on the accounts of the second social year and held in 1995:
The National Bank of Paris, an anonymous company with a capital of 3 536,972,150 francs, whose head office is in Paris (9th), 16 boulevard des Italiens, registered in the register of trade and companies in Paris under the number B 662,042 449, represented by Christian REYNAUD.
Le Crédit lyonnais Economic development, an anonymous company with a capital of 60,000 francs, whose head office is in Paris (2nd), registered in the register of trade and companies in Paris under the number B 353 255 656, represented by Mr Jean-Claude VANNIER.
The Banque la Hénin, an anonymous company with a capital of 1,010 000 000 000 francs, whose head office is in Paris (8th), 16, rue de la Ville-l'Evèque, registered in the register of commerce and companies of Paris under the number B 542 095 948, represented by Mr. Jérôme MEYSONNIER.
The Union de crédit pour le bâtiment, a company anonymous au capital of 1,674,929,200 francs, whose head office is in Paris (16th), 5, avenue Kléber, registered in the register of trade and companies of Paris under the number B 552,04, 624, represented by Mr. Didier BROWNE.
The Caisse nationale du Crédit agricole, an anonymous company with a capital of 5,788,000 francs, whose head office is in Paris (15th), 91-93, boulevard Pasteur, registered in the register of trade and companies in Paris under the number B 784 608 416, represented by Jean BOUYSSET.
The National Federation of Agricultural Credit, an association governed by the law of 1 July 1901, whose head office is in Paris (8th), 48 rue La Boëtie, represented by Jean-Yves HOCHER.
The National Centre for Savings and Forecasts, a group of economic interest to the capital of 136,000 francs, whose head office is in Paris (7th), 5, rue Masseran, registered in the register of trade and companies of Paris under the number C 328 000 047, represented by Mr. Hervé VOGEL.
The Caisse Centrale du Crédit Mutual, anonymous company with variable capital, with a minimum capital of 1 000 000 francs, whose head office is in Paris (17th), 88-90, rue Cardinet, registered in the register of trade and companies of Paris under the number B 632 049 052, represented by Mr. Gérard CAMILLE.
The union chamber of the Banques populaires, an association governed by the law of 1 July 1901, whose head office is in Paris (15th), 5, rue Leblanc, represented by Michel FARRUGIA.
The union chamber of the anonymous credit companies, an association governed by the law of 1 July 1901, whose head office is in Paris (8th), 2, rue Lord-Byron, represented by Jacques MIMIN.
The French Land Credit, an anonymous company with a capital of 3,033,602,700 francs, whose head office is in Paris (1st), 19, rue des Capucines, registered in the register of trade and companies in Paris under the number B 542,029,848, represented by Mr. Robert FAGES.
Who accept and declare by themselves or by their agents, each with respect to it, that no legal or regulatory provision prohibits them from acting as a member of the board of directors of the corporation.
Rule 27
Appointment of first auditors
The first incumbent and alternate auditors will be:
- Commissioner of Accounts: Robert MAZARS Cabinet, anonymous company with director and supervisory board, headquartered in Paris, 8th arrondissement, 135 Haussmann Boulevard, registered in the register of trade and companies in Paris under the number B 650 500 390;
- Acting Auditor: Mr. Bernard ESPADA, staying at Boulogne-Billancourt (92100), 97 rue de Sèvres,
which before the present have declared acceptance of the said functions, each of them stating that the legal provisions establishing incompatibility or prohibition of functions cannot be applied to it.
Rule 28
Commitment on behalf of the training company
A statement of the actions carried out to date on behalf of the training society with the indication, for each of them, of the resulting commitment to society is annexed to these statutes.
This statement was made available to shareholders who were able to take a copy of the statement at least three days before the signing of these statutes.
Rule 29
Advertising
In accordance with provisions of Article L 312-1 of the Construction and Housing Code, these statutes will be approved by decree.
In order to publish this corporation, in accordance with the law and the regulations in force, all powers shall be given to the holder of an original or a copy of these Regulations, such as any other documents that may be required.
Done on January 15, 2015.
Manuel Valls
By the Prime Minister:
Minister of Housing, Land Equality and Rurality,
Sylvia Pinel
Minister of Finance and Public Accounts,
Michel Sapin
