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Book IV - Collective investment products
Title II - AIFS
Chapter II - Funds open to retail investors
Section 4 - Real estate investment companies and forestry investment companies
Paragraph 1 - General regime
Sub-paragraph 2 - Public offering
Article 422-194 from 21/12/2013

Article 422-194 into force since

  • Version into force since
ELI : /en/eli/fr/aai/amf/rg/article/422-194/20131221/notes

Any request for approval shall be preceded by authorisation on the part of the extraordinary general meeting, resolved on the basis of a report drafted by the management company in the following cases:

  1. If there is an issue of new shares after a period of more than three years without any increase in capital. In this case, the management company report shall be approved by the statutory auditors;

  2. If there is a change to the initial investment policy.