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Ces parts d'intéret ne peuvent etre représentés par des titre négociables

English translation: These shares cannot be represented by negotiable securities,

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13:55 Nov 11, 2007
French to English translations [PRO]
Bus/Financial - Business/Commerce (general) / GIE (Groupement d'Intéret Economique) de Viticulteurs
French term or phrase: Ces parts d'intéret ne peuvent etre représentés par des titre négociables
nominatifs.


This concerns an agreement amongst winegrowers who have formed an Economic Interest Group.

After listing all the members in this Economic Interest Group, together with the number of each member's shares, there is the phrase:

Ces parts d'intérets ne peuvent etre représentés par des titres négotiables nominatifs ou autres..

I would be grateful for a translation/explanation of this phrase.

Many thanks in advance.

Liz
liz askew
United Kingdom
Local time: 23:26
English translation:These shares cannot be represented by negotiable securities,
Explanation:
It just means that these shares, which are a form of ownership interest, cannot be represented by negotiable securities, i.e. share certificates that can be bought and sold. Obviously, the winergrowers want to retain control over who may and who may not be a member.
Selected response from:

Attorney DC Bar
Local time: 00:26
Grading comment
Great! Thank you very much again.
4 KudoZ points were awarded for this answer

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Summary of answers provided
4 +2These shares cannot be represented by negotiable securities,Attorney DC Bar


Discussion entries: 1





  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
These shares cannot be represented by negotiable securities,


Explanation:
It just means that these shares, which are a form of ownership interest, cannot be represented by negotiable securities, i.e. share certificates that can be bought and sold. Obviously, the winergrowers want to retain control over who may and who may not be a member.

Attorney DC Bar
Local time: 00:26
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 104
Grading comment
Great! Thank you very much again.
Notes to answerer
Asker: Many thanks for your answer - I know I have exceed the word count, but frankly it's my turn to have a query answered - I have answered thousands! Many thanks for taking the time to answer as some of these phrases in this document are giving me a hard time :)


Peer comments on this answer (and responses from the answerer)
agree  Mark Nathan
2 mins

agree  Laura Tridico
1 hr
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Changes made by editors
Nov 11, 2007 - Changes made by writeaway:
FieldOther » Bus/Financial
Field (specific)Wine / Oenology / Viticulture » Business/Commerce (general)


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