the proportion of their existing shareholding and in consideration of full payment for value offered. 11 SECTION 34. Offer for sale newly issued shares by limited company under the Civil and Commercial
under this Royal Enactment have the characterization of those of finance or credit foncier businesses, the special purpose juristic person shall be entitled to engage in those operations without a license
a limited company under the Civil and Commercial Code, regardless of whether it is made by the limited company issuing such shares or by shareholders of such limited company, shall not be made in the
to and after the offering for sale of newly issued securities has been approved. 16 SECTION 34.4 Offer for sale of newly issued shares by a limited company under the Civil and Commercial Code
fund or any other type of juristic person as may be prescribed by the SEC. Section 10. Person eligible to submit a project to the Office of the SEC for consideration are: (1) commercial banks; (2
granted by the SEC. Section 14. If the operations of the special purpose juristic person under this Emergency decree have the characterization of those of finance or credit foncier businesses, the special
project unless a relaxation is granted by the SEC. Section 14. If the operations of the special purpose juristic person under this Emergency decree have the characterization of those of finance or credit
a legal entity in any of the following categories: 7 (1) a commercial bank under the Commercial Banking Act; (2) a finance company or credit foncier under the Undertakings of Finance Business
a legal entity in any of the following categories: 7 (1) a commercial bank under the Commercial Banking Act; (2) a finance company or credit foncier under the Undertakings of Finance Business
, ceases to be a juristic person, or ceases to be a commercial bank; (3) the trustee is dismissed from trusteeship; (4) the SEC temporarily suspends the trustee’s undertaking of trust business, or revokes