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Document 11957E/PRO/BEI/28
TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY, PROTOCOL ON THE STATUTE OF THE EUROPEAN INVESTMENT BANK, ARTICLE 28
TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY, PROTOCOL ON THE STATUTE OF THE EUROPEAN INVESTMENT BANK, ARTICLE 28
TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY, PROTOCOL ON THE STATUTE OF THE EUROPEAN INVESTMENT BANK, ARTICLE 28
In force
ELI: http://data.europa.eu/eli/treaty/teec/pro_1/art_28/sign
11957E/PRO/BEI/28
TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY, PROTOCOL ON THE STATUTE OF THE EUROPEAN INVESTMENT BANK, ARTICLE 28
++++ Article 28 1 . In each of the Member States , the Bank shall enjoy the most extensive legal capacity accorded to legal persons under their laws ; it may , in particular , acquire or dispose of movable or immovable property and may be a party to legal proceedings . ( Second subparagraph repealed by the second paragraph of Article 28 of the Merger Treaty ) ( See the first paragraph of Article 28 of the Merger Treaty , which reads as follows : The European Communities shall enjoy in the territories of the Member States such privileges and immunities as are necessary for the performance of their tasks , under the conditions laid down in the Protocol annexed to this Treaty . The same shall apply to the European Investment Bank . ) 2 . The property of the Bank shall be exempt from all forms of requisition or expropriation .