The decision to affiliate to an insurance group company or to terminate such affiliation is taken at the general meeting of each mutual insurance company, which rules under the conditions laid down in article R. 322-65. The same general meeting shall make any amendments to the articles of association relating to this decision and approve the affiliation agreement described in article R. 322-165.
The General Meeting appoints one or more statutory auditors for a term of six financial years. The following persons may not be appointed as auditors of a company governed by this section 1° The founders and directors, members of the supervisory board or members of the management board of the company, as well as their parents and relatives up to and including the fourth degree; 2° Persons and spouses of…
The members and the General Meeting are substituted for shareholders and shareholders’ meetings respectively for the application of Section VI of Chapter IV of Title I of Law no. 66-537 of 24 July 1966 on commercial companies and Section VI of Chapter IV of Title I of Decree no. 67-236 of 23 March 1967 on commercial companies to the companies governed by this Section. The right to challenge one or…
The Statutory Auditors are invited, at the same time as the directors or members of the Management Board, to the meeting of the Board of Directors or the Management Board which closes the accounts for the past financial year. They are also invited to attend all General Meetings, at the latest when the members are convened. The Statutory Auditors may only convene a General Meeting after having unsuccessfully requested that…
The amount of the statutory auditors’ fees is set by mutual agreement between the statutory auditors and the company. Any dispute relating to the determination of the amount of the fees shall be referred to the President of the Court of First Instance at the location of the company’s registered office, acting in summary proceedings.
Except in application of the provisions of the first paragraph of Article R. 322-65 , under no circumstances may a member be required to pay more than the premium shown on his policy in the case of a fixed-contribution company, or more than the maximum premium shown on his policy in the case of a variable-contribution company. The maximum contribution in the latter case may not be less than one…
The Board of Directors or the Management Board decides on the eligibility and pricing of any risk provided for in the Articles of Association, subject to the application of the laws and regulations in force. No preferential treatment may be granted to a member. Following the Ordinary General Meeting held to approve the annual accounts, the Board of Directors sets the amount of the admission or membership fee applicable until…
Surplus income may be distributed only after the reserves and provisions prescribed by the laws and regulations in force have been set aside, after the establishment expenses have been fully amortised and after the regulatory provisions concerning the solvency margin or the solvency capital requirement of the company and, where applicable, of the group, have been satisfied. The deferred charges established pursuant to Article R. 343-6 are deducted from the…
Surpluses distributable in accordance with articles R. 322-77 and R. 322-106 are allocated on a priority basis to early repayment of the loan mentioned in article R. 322-49 in proportion to the subscriptions of each member. When the company takes the initiative to deregister a member, the member may request immediate repayment of his contribution to the loan. The same applies if the member makes use of the right provided…
In the event of force majeure resulting from adverse weather conditions or epizootic diseases of an exceptional nature, a decree issued on the report of the Minister for the Economy and Finance and the Minister for Agriculture may authorise one or more of the companies governed by this section, once their available resources have been exhausted, to immediately pay only part of the claims due to these causes. The companies…
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75001, Paris France
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is a Registered Trademark of
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182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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