The Resolution Board may recover sums corresponding to the amount of any justified expenses incurred for the implementation of one or more resolution measures. These expenses must have been reasonable and properly incurred.
Home | French Legislation Articles | French Insurance Code | Legislative part | Book III: Companies. | Title I: General provisions and State control. | Chapter II: Crisis prevention and management measures | Section VI: Provisions relating to the resolution procedure | Subsection 2: Provisions relating to the implementation of a resolution measure | Article L311-27 of the French Insurance Code
The Resolution Board may recover sums corresponding to the amount of any justified expenses incurred for the implementation of one or more resolution measures. These expenses must have been reasonable and properly incurred.
Le collège de résolution peut procéder au recouvrement des sommes correspondant au montant de toute dépense justifiée exposée pour la mise en œuvre d’une ou plusieurs mesures de résolution. Ces dépenses doivent avoir été raisonnables et exposées à bon escient.
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PETROFF LAW FIRM (SELARL LEGASTRAT)
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75001, Paris France
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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