Book III: Companies

The regulations governing insurance undertakings set out in this Code apply, under the conditions and subject to the reservations set out in this section, to the bodies referred to in Article L. 771-1 of the Code rural et de la pêche maritime (Rural and Maritime Fishing Code). These undertakings comply with the rules governing their formation and operation laid down for insurance undertakings in Section IV, subsections 1, 2, 3,…

The bodies referred to in article L. 771-1 of the Rural and Maritime Fishing Code are exempt from the formalities provided for in articles R. 322-51 and R. 322-52. Their incorporation takes effect as from the filing of their articles of association at the town hall of the municipality in which their registered office is located, in accordance with the provisions of article R. 2131-1 of the Labour Code. Within…

Notwithstanding the provisions of article R. 322-59, paragraph 1, notices of general meetings are sent to members by post or electronically or by advertisement, at least fifteen days before the date of the meeting, in at least two daily or weekly newspapers circulated in the district of the company or caisse. The provisions of the sixth paragraph of Article R. 322-58 do not apply if the Articles of Association stipulate…

The draft terms of merger provided for in article R. 322-106-6 shall be filed at the town hall of the municipality in which the registered office of each of the participating companies or funds is located. The formalities provided for in the first sentence of article R. 322-106-10 do not apply to the bodies mentioned in article L. 771-1 of the Rural and Maritime Fishing Code. In the event of…

The bodies referred to in Article L. 771-1 of the French Rural and Maritime Fishing Code are subject to the following requirements: 1° Their object must be either exclusively insurance or exclusively reinsurance; 2° They may not carry out insurance operations other than those mentioned in 2° and 3° of article L. 310-1; 3° They guarantee, in return for payment of a fixed or variable premium, full settlement of the…

In the event of the dismissal of a general manager or the collective dismissal of the members of the board of directors of an entity in the network as referred to in III and IV of Article L. 322-27-2, the central body shall provisionally appoint the persons responsible for carrying out their duties until new incumbents are appointed and shall inform the Autorité de contrôle prudentiel et de résolution.

Pursuant to the provisions of Article L. 322-27-2, the central body is responsible in particular for : 1° Representing the entities in the network in dealings with the Autorité de contrôle prudentiel et de résolution; 2° Approving the articles of association of the entities in the network and any amendments thereto; 3° Taking any measure conducive to the development of the network, in particular by acquiring or holding strategic equity…

The number of directors of the central body referred to in Article L. 322-27-1, who are elected by the General Meeting on the recommendation of the Board of Directors in accordance with the third paragraph of that Article, shall be at least one quarter of the total number of directors of that central body, but may not exceed one third of that total. The Articles of Association of the central…

For the purposes of this section, the following are considered to be agricultural risks: risks to which natural or legal persons are exposed who exclusively or mainly carry out one of the agricultural or agriculture-related professions as defined in articles L. 722-1 to L. 722-7 of the Code rural et de la pêche maritime ; -the risks to which members of staff employed by these natural or legal persons are…

The companies or funds referred to in article L. 322-27 are subject, under the authority of the Autorité de contrôle prudentiel et de résolution, to ongoing supervision by its supervisors, exercised in collaboration with agents authorised for this purpose by the Minister of Agriculture.