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Article A322-7 of the French Insurance Code

The participation of members who are already members of the company when it decides to issue the loan may not exceed 10% of the annual subscription.

Original in French 🇫🇷
Article A322-7

Le rappel de la participation des sociétaires déjà adhérents de la société au moment où celle-ci décide d’émettre l’emprunt ne peut être supérieur à 10 % de la cotisation annuelle.

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