Jun 6, 2017 13:43
6 yrs ago
1 viewer *
French term

des attributions exercées par les associés

French to English Bus/Financial Finance (general) articles of association
An extract from the articles of association of a simplified joint-stock company:

FR:
le president [..] exerce des pouvoirs au nom de la Société sous réserve des attributions exercées par les associés.

Does this mean that the associates attributed a role / power on the president or are these powers all roles deserted by the associates instead of the president?

Thanks in advance
Change log

Jun 6, 2017 13:48: writeaway changed "Field" from "Law/Patents" to "Bus/Financial" , "Field (write-in)" from "des attributions exercées par les associés" to "articles of association "

Discussion

philgoddard Jun 6, 2017:
Tony If you put that as an answer, I'll agree with it. Presumably they're shareholders if it's a société par actions.
Tony M Jun 6, 2017:
@ Asker I don't believe either of your suggestions is correct.
Please see my suggested interpretation below.

Proposed translations

+3
17 hrs
Selected

those powers that are reserved for the partners/shareholders

The powers in a company are cascaded top-down. At the very least, the shareholders or the partners will have an annual general meeting, where they approve the accounts, elect the Board or the President / CEO, and take other major decisions about the company, such as Acquisitions or Divestments of businesses, the capital structure, the entry of new partners, the type of activities the company may enter into etc. They might approve a President who is not a shareholder or a partner. I think here they are referring to those decisions that have not been delegated, but which are reserved for the shareholders / partners. There are probably clauses in the articles of association detailing what decisions are taken by the shareholder/partner meetings.
Peer comment(s):

agree Mark Nathan
1 hr
agree writeaway
2 hrs
agree mimi 254
5 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Selected automatically based on peer agreement."
+1
1 hr
French term (edited): sous réserve des attributions exercées par les associés

except for those (powers) that may have been delegated to the other partners

Without being an expert in this field, but purely on the basis of normal linguistics, I'd have thought it simply meant 'except for those (powers) that may have been delegated (assigned) to the other partners (and hence being exercised by them)'

A rather free rendering, but I assume from that interpretation you can make it fit in with the rest of your context.

--------------------------------------------------
Note added at 6 heures (2017-06-06 20:39:51 GMT)
--------------------------------------------------

"Comment fonctionne une SAS ?

La SAS est constituée avec 1 associé au minimum (SAS Unipersonnelle = SASU). Les associés composent le capital social avec des apports en nature ou en numéraire et reçoivent en contrepartie des parts sociales."

Il n’y a pas de nombre maximal d’associés. La particularité du statut SAS réside dans son fonctionnement très souple.



https://www.captaincontrat.com/articles-creation-sas/interet...
Peer comment(s):

agree Francois Boye
11 mins
Merci, François !
agree B D Finch
22 mins
Thanks, B!
agree philgoddard : Or, more concisely, "except for any delegated to the other partners".
30 mins
Thanks, Phil!
disagree Daryo : We don't know if these powers are original powers or delegated powers // saying "other" partners implies that "le directeur" is also himself a partner - can't see any reason to assume it! OTOH yes for "partners" instead of "shareholders"
1 hr
I was only trying to get Asker back on track; and if this is an SAS, it is most likely that the Chairman is one of the partners. but leave out 'other' if it bothers you...
neutral AllegroTrans : does an SAS have partners??
4 hrs
Oh yes, it certainly CAN do! What it DOESN'T have is a 'gérant' as such...
disagree Adam Warren : Respectfully, there is no mention of either "delegation" or "other". A sui juris interpretation should be "the powers in the hands of the partners" [or shareholders]
23 hrs
Thanks, Ian! I was assuming that 'attribution' meant that certain powers had been 'attributed' (= 'assigned') to the partners.
Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search