Si une ou plusieurs parts sont grevées d’usufruit, le droit de vote appartient au nu-propriéta
English translation: If one or several shares are encumbered with usufruct, voting rights shall be exercised by the bare
| GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
|---|---|---|---|---|---|---|
|
| 14:19 Jan 11, 2001 |
| French to English translations [Non-PRO] Bus/Financial | ||||
|---|---|---|---|---|
|
| |||
|  Selected response from: Annie Robberecht, C. Tr. Local time: 07:20 | |||
Grading comment
| ||||
Answers
2 hrs
If one or more of the shares in encumbered with usufruct, the voting right belongs to the bare owner Explanation: "Si une ou plusieurs parts sont grevées d’usufruit, le droit de vote appartient au nu-propriéta (nu proprietaire)"--I think there are some typos here. Usufructory rights are the right to vote with a share and to get the dividends from it. This right can be temporarily transfered by the shareholder to another person (shareholder or not). The person who gave the usufruct to another is the "bare owner". This statute seems to say that voting right remains with the "bare owner" even if the right to collect dividends from the share has been transfered. I hope this helps. |
| |
| Login to enter a peer comment (or grade) | ||
6 hrs
If one or several shares are encumbered with usufruct, voting rights shall be exercised by the bare Explanation: If one or several shares are encumbered* with usufruct,voting rights shall be exercised by the bare owner. *OR burdened with (Lexum) Universit� de Montr�al, Centre de recherche en droit public |
| |
Grading comment
| ||
| Login to enter a peer comment (or grade) | ||
Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.
KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.
See also:
Search millions of term translations