Chapter IV: Supplementary provident and pension contracts taken out by associations

The activities of an association referred to in I of article L. 144-2 resulting from its missions in respect of a popular retirement savings plan are carried out separately from those resulting from any other plans of the same nature subscribed to by the association and, where applicable, from its other activities.

I. – The association’s articles of association contain at least the following clauses: The purpose of the association, as a popular retirement savings group, is to subscribe one or more popular retirement savings plans on behalf of members and to ensure the representation of members’ interests and, to these ends: 1° To set up a supervisory committee for each plan subscribed, subject to the case mentioned in the first paragraph…

The General Meeting of the Association adopts the rules of professional conduct to which the members of the Board of Directors, the Executive Committee and the salaried staff of the Association, as well as the members of the supervisory committees of the plans subscribed by the Association, shall be bound. These rules are given to each member on joining the association. The purpose of the Code of Ethics is to…

I. – The association’s articles of association lay down the procedures for appointing and dismissing members of the supervisory board of the people’s pension savings plans subscribed by the association, the duration and renewable nature of their term of office and the procedures for making provisional appointments in the event of a vacancy caused by the death, resignation or dismissal of one or more members between two members’ meetings. They…

I. – The association’s General Meeting is convened at least once a year under the conditions set out in article R. 141-4 in order, for each of the plans subscribed by the association: 1° To approve the annual accounts of the plan on the basis of the report of the insurance company’s auditors and after obtaining the opinion of the supervisory committee; to this end, the auditors’ report and the…

The Association’s General Meeting appoints a statutory auditor and a deputy auditor chosen from the list referred to in I of article L. 822-1 of the French Commercial Code, who carry out their duties under the conditions set out in article L. 612-1 of that code. The association’s annual financial statements, drawn up by the Board of Directors, certified by the statutory auditor and prepared in accordance with the rules…

For each popular retirement savings plan subscribed to by an association, cash and securities accounts are opened for the payment of expenses relating to the operation and duties of the supervisory committee and expenses relating to the operation of the general meeting or decided by the latter. Withdrawals from these accounts may only be made to settle expenses incurred by the association in respect of the plan or to repay…