Article L322-26-4-1 of the French Insurance Code
November 8, 2023
Articles L. 210-10 to L. 210-12 of the Commercial Code, with the exception of 5° of Article L. 210-10, are applicable to mutual insurance companies.
Articles L. 210-10 to L. 210-12 of the Commercial Code, with the exception of 5° of Article L. 210-10, are applicable to mutual insurance companies.
In the event of the dissolution of a mutual insurance company not due to the withdrawal of authorisation, the surplus of net assets over liabilities shall be devolved, by decision of the General Meeting, either to other mutual insurance companies or to associations recognised as being in the public interest.
Mutual societies and associations thereof may only accept reinsurance risks under the conditions laid down by the decree provided for in Article L. 310-7.
I.-Options may be granted under the same conditions as in articles L. 225-177 to L. 225-179 and L. 22-10-56 of the French Commercial Code by a company controlled, directly or indirectly, exclusively or jointly, by mutual insurance companies mentioned in articles L. 322-26-1 and L. 322-26-4 of this code and belonging to the same scope of combination as defined by article L. 345-2, to the employees of these entities as…
I.-Mutual insurance companies and mutual insurance group companies referred to in the last paragraph of article L. 322-1-3 may issue mutualist certificates from : 1° Their member-policyholders ; 2° Member-policyholders or policyholders of undertakings belonging to the same insurance group as defined in 5° of Article L. 356-1, as well as such undertakings; 3° Mutual insurance companies, mutual insurance group companies, mutual insurance companies and unions governed by Book II…
I.-Mutualist certificates are redeemable only in the event of the liquidation of the issuer and after all preferential, unsecured and subordinated creditors have been paid in full. Redemption is made at the nominal value of the certificate, reduced, where applicable, by the amount of any losses charged to the formation fund. The Articles of Association may provide for losses to be charged to reserves prior to this reduction. II –…
The formation of agricultural mutual insurance and reinsurance companies or funds remains governed by article L. 771-1 of the French Rural and Maritime Fishing Code. A decree of the Conseil d’Etat shall lay down the terms and conditions for the application of this article and shall define the operations referred to in article L. 310-1 which they may be authorised to carry out; their membership may be limited to persons…
The central body of the agricultural mutual insurance and reinsurance companies or funds is a société anonyme d’assurance agréée pursuant to Article L. 321-1 or a société anonyme de réassurance agréée pursuant to Article L. 321-1-1, the absolute majority of whose share capital and voting rights are held jointly, directly or indirectly, by the agricultural mutual insurance and reinsurance companies or funds with departmental or regional jurisdiction. Groupama SA is…
I. – The central body is responsible for ensuring the cohesion and smooth running of the network. It exercises administrative, technical and financial control over the organisation and management of the Network’s bodies. It sets the strategic guidelines for the network, issues all necessary instructions and ensures that they are effectively implemented. It also takes all necessary measures to guarantee the solvency and compliance with the commitments of each of…
Subject to the provisions of this section, the société européenne shall be governed by the provisions of Council Regulation (EC) No 2157/2001 of 8 October 2001 on the Statute for a European Company (SE), by the provisions of Chapter IX of Title II of Book II of the Code de commerce and by the rules of this Code applicable to sociétés anonymes which do not conflict therewith.
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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