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Article L175-26 of the French Insurance Code

In the event of a total loss, deemed total loss or negotiated total loss of the aircraft, the insurer has the option of transferring ownership of the aircraft.

Original in French 🇫🇷
Article L175-26
En cas de perte totale, perte réputée totale ou perte totale négociée de l’aéronef, l’assureur a la faculté d’opter pour le transfert de propriété de l’aéronef.

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