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Article R441-28 of the French Insurance Code

In the event of conversion of an agreement under the conditions mentioned in articles R. 441-24 or R. 441-26, the assets representing the technical provisions mentioned in 1° and 3° of article R. 441-7 and half of the assets representing the technical provisions mentioned in 2° of the same article are divided between the beneficiaries of this agreement.

Original in French 🇫🇷
Article R441-28

En cas de conversion d’une convention dans les conditions mentionnées aux articles R. 441-24 ou R. 441-26, les actifs représentatifs des provisions techniques mentionnées aux 1° et 3° de l’article R. 441-7 et la moitié des actifs représentatifs des provisions techniques mentionnées au 2° du même article sont répartis entre les bénéficiaires de cette convention.

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