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Article L322-26-1-2 of the French Insurance Code

The articles of association of mutual insurance companies may specify a “raison d’être”, consisting of the principles which they adopt and for which they intend to allocate resources in order to carry out their activities.

Original in French 🇫🇷
Article L322-26-1-2

Les statuts des sociétés d’assurance mutuelles peuvent préciser une raison d’être, constituée des principes dont elles se dotent et pour le respect desquels elles entendent affecter des moyens dans la réalisation de leur activité.

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