Article L122-1 of the French Monetary and Financial Code
Legal tender banknotes are issued in accordance with Article L. 141-5. The legal tender status of a given type of banknote denominated in francs may be withdrawn by decree on a proposal from the Banque de France. The Bank remains obliged to exchange these notes at its counters for other types of legal tender notes within a period of ten years. The provisions relating to lost or stolen bearer securities…