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Section IV : Insurance for the acquisition of immovable property by means of life annuities.

Article L132-30 of the French Insurance Code

Contracts involving the acquisition of real estate by means of the constitution of life annuities are subject to the provisions of this article. The annuitants individually retain, for the service of their annuities, even against any agreement to the contrary, the legal mortgage of 1° of article 2402 of the Civil Code on the assigned property. If there are heirs in the direct line of the creditors, they may only…

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