#ECOA2611566ASignature Delegation for the French State Shareholdings Agency
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This order gives several senior staff members at the French State Shareholdings Agency the power to sign documents on behalf of the economy minister within their areas of responsibility. The delegation covers administrative acts, contracts, accounting documents, payment orders, revenue collection documents, and certain shareholder meeting documents when they have been formally assigned to represent the state. For businesses and entities interacting with the agency, the practical effect is that these named officials can now approve and sign routine agency and shareholder-related documents without waiting for the minister. The earlier 2024 delegation order is cancelled and replaced by this one.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Grants named agency officials authority to sign administrative, financial, and contract documents for the economy minister.
- Extends signing power to certain staff for shareholder meeting documents when they are designated to represent the French state.
- Repeals the previous 2024 signature delegation order and replaces it with this one.
Obligations
What this law requires
The named officials of the Agence des participations de l'Etat may sign, on behalf of the Minister for the Economy and within their respective responsibilities, administrative acts, orders, decisions, agreements, accounting documents, expense supporting documents, and payment orders relating to the ministry’s budget programs and the agency-managed special account, as well as revenue liquidation and enforceable statements concerning resources monitored by the agency.
The named officials at the Agence des participations de l'Etat are delegated to sign, on behalf of the Minister for the Economy and within the limits of their duties, administrative acts, orders, decisions, contracts, accounting documents, supporting expense documents, payment orders, revenue liquidation documents, and enforceable statements relating to the ministry budget programmes and the special account managed by the agency.
The named audit, legal, and finance officers may sign, on behalf of the Minister for the Economy and within their respective responsibilities, all administrative acts, orders, decisions, and agreements issued by the Agence des participations de l'Etat.
The named heads of audit/accounting, legal, and finance units are delegated to sign, on behalf of the Minister for the Economy and within the limits of their duties, administrative acts, orders, decisions, and contracts.
When designated by the Commissioner for State Shareholdings to represent the State as shareholder at a shareholders' meeting, the named audit, legal, and finance officers may sign all acts, orders, decisions, and agreements relating to that meeting on behalf of the Minister for the Economy.