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Article R150-5 of the French Insurance Code

Draws of lots to determine which capitalisation contracts or securities may be redeemed early must be made publicly in the presence of a bailiff, at the places specified in the contracts, and under the conditions laid down in the said contracts and in this section.

All subscription forms must state in bold print that the securities may only be redeemed early by drawing lots in the presence of a bailiff.

Original in French 🇫🇷
Article R150-5

Les tirages au sort qui servent à déterminer les contrats ou titres de capitalisation remboursables par anticipation doivent s’effectuer publiquement en présence d’un huissier, aux lieux fixés par les contrats, et dans les conditions prévues par lesdits contrats et par la présente section.

Tout bulletin de souscription doit mentionner en caractères gras que les titres ne peuvent être remboursés par anticipation que par tirage au sort effectué en présence d’un huissier.

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