In accordance with Regulation No. COBAC R-2016/02 relative to the changes in the status of credit institutions, the application for prior authorization for the acquisition or sale of shareholdings which does not result in a change in the power of control of the applicant credit institution must also include information;
FOR PURCHASER WHO IS A LEGAL ENTITY UNDER PUBLIC LAW
- The deed creating the legal entity,
- The deed authorizing the legal entity to acquire holdings in the institution’s capital,
- A document by which the legal entity governed by public law, where it is the majority shareholder, undertakes to support the development of the credit institution,
- A copy of the subscription form for the shares of the credit institution or of the deed of transfer.