Open on EUR-Lex ↗

Article 16

Article 16

A depositary shall, in accordance with the national law of the State in which the investment company's registered office is situated, be liable to the investment company and the unit-holders for any loss suffered by them as a result of its unjustifiable failure to perform its obligations, or its improper performance of them.

Official text · consolidated version 20/03/2008 (in force) Open full page ↗
8 queries · page built in 14 msInventory f82bbfa3