Glossary entry

French term or phrase:

fonctionnement du pacte social

English translation:

operation of the partnership agreement

Added to glossary by EirTranslations
Jul 24, 2011 18:33
12 yrs ago
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French term

fonctionnement du pacte social

French to English Law/Patents Business/Commerce (general)
Pls see below thanks, with regards to company bylaws for the setting up of a company to purchase land. UK English, thanks

C) Acquit des charges, fonds de gestion, dispositions diverses
1°) Pour permettre à la Société de couvrir les charges et dépenses communes et d'assurer le fonctionnement du pacte social, elle sera mise en possession d'un fonds de gestion qui sera alimenté par chacun des Associés.
Change log

Jul 25, 2011 07:47: writeaway changed "Field (specific)" from "Real Estate" to "Business/Commerce (general)"

Proposed translations

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operation of the partnership agreement

The "pacte social" is a reference to the company's constitution. The reference to "Associés" (partners) contributing funds suggests that on this occasion it is a partnership, hence the constitution would be in the form of a "partnership agreement". In the case of a company the "pacte social" would be the "Memorandum and Articles of Association".
Peer comment(s):

neutral Mpoma : "associés" can mean shareholders. This is not necessarily a partnership.
2206 days
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4 KudoZ points awarded for this answer. Comment: "thx"
2206 days

articles and memorandum

http://lexinter.net/BOURSE/droit_des_societes.htm

"associés" can mean shareholders. This is not necessarily a partnership.
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