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Article R370-4 of the French Insurance Code

The institutions referred to in Article L. 370-1 may not cover up to 30% of the commitments relating to these operations with matching assets.

Original in French 🇫🇷
Article R370-4

Les institutions mentionnées à l’article L. 370-1 peuvent, à concurrence de 30 % des engagements relatifs à ces opérations, ne pas couvrir ceux-ci par des actifs congruents.

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