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Article D341-13 of the French Monetary and Financial Code

Pursuant to II of article L. 341-4, the renewal of a direct seller’s contract must be declared no later than five days before its expiry date. Failure by the persons referred to in 1° and 3° of article L. 341-3 to notify the authorities to which they are subject of the renewal of a direct seller mandate within the prescribed timeframe will result in the automatic deletion from the file…

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