Arrêté ministériel du 31 mars 2009 autorisant la SOCIETE GENERALE, dont le siège social est à Paris, à se faire consentir des gages sur fonds de commerce. | http://data.legilux.public.lu/eli/etat/leg/amin/2009/03/31/n13/jo — Luxembourg law | Esheria

Arrêté ministériel du 31 mars 2009 autorisant la SOCIETE GENERALE, dont le siège social est à Paris, à se faire consentir des gages sur fonds de commerce.

This ministerial order concerns SOCIETE GENERALE’s request to be allowed to receive pledges over business assets in Luxembourg.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
Luxembourg
Instrument
Order
Citation
http://data.legilux.public.lu/eli/etat/leg/amin/2009/03/31/n13/jo
Status
In force
Version
Undated source snapshot
Language
fr
Updated
Official source
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business security interests commercial financing interest rates late payment loan contracts publication

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Statute overview

About this statute

This ministerial order concerns SOCIETE GENERALE’s request to be allowed to receive pledges over business assets in Luxembourg. SOCIETE GENERALE is authorized to obtain pledges on business goodwill, subject to the conditions in Article 2. Interest rates are capped for foreign-currency and EUR loans, and a loan contract may not use a penalty clause to worsen the debtor’s situation for late payment. This article states that the order will be published in the Mémorial, Administrative and Economic Recueil.