The first General Meeting, which is convened at the request of the signatories of the initial deed, verifies the accuracy of the declaration referred to in article R. 322-51 and appoints the members of the first Board of Directors or the first Supervisory Board and, for the first year, the statutory auditors provided for in article R. 322-67. The minutes of the meeting record the acceptance of the members of…
I.-Where the company is managed by a Board of Directors, the latter shall comprise at least three members, not including the members elected by the employees, in accordance with the provisions of Article L. 322-26-2 . The Articles of Association set the maximum number of Board members. However, if the Chairman of the Board of Directors dies, resigns, is removed from office or ceases to hold office following a decision…
I. – The Board of Directors determines the direction of the company’s business and oversees its implementation. Subject to the powers expressly attributed to the General Meeting and within the limits of the Company’s objects, the Board deals with all matters relating to the proper operation of the Company and settles the matters that concern it by its deliberations. In its dealings with third parties, the Company is bound even…
I. – The general management of the company is carried out, under the supervision of the Board of Directors and within the framework of the guidelines laid down by the latter, by a natural person appointed by the Board and bearing the title of Managing Director. However, if the company’s articles of association so provide, the Chairman of the Board of Directors may assume the role of Chief Executive Officer….
Without prejudice to the provisions of article R. 322-53-2, the Chief Executive Officer is vested with the broadest powers to act in all circumstances on behalf of the company. He exercises these powers within the limits of the corporate purpose and subject to those powers expressly granted by law to the General Meeting and the Board of Directors. He represents the Company in its dealings with third parties. The Company…
I.-Where the control of the company is entrusted to a Supervisory Board, the latter shall consist of at least three members. The Articles of Association set the maximum number of members of the Board, which may not exceed eighteen. Members elected by employees in accordance with the provisions of article L. 322-26-2, whose number must be specified in the articles of association, are not taken into account when determining the…
I.-The Supervisory Board exercises ongoing control over the management of the company by the Executive Board. The Articles of Association may require the prior authorisation of the Supervisory Board for the transactions listed therein. However, the sale of real estate by nature, the total or partial sale of shareholdings, the creation of security interests, and sureties, endorsements and guarantees are subject to authorisation by the Supervisory Board under the conditions…
I.-Where the mutual insurance company is managed by a management board, the latter shall consist of not more than two and not more than five members. The number of members of the Management Board is determined by the articles of association or, failing that, by the Supervisory Board. The members of the Management Board are appointed by the Supervisory Board, which appoints one of them as Chairman. II – The…
I. – The Management Board carries out its duties under the supervision of the Supervisory Board. The Management Board is vested with the broadest powers to act in all circumstances on behalf of the company; it exercises these powers within the limits of the corporate purpose and subject to those powers expressly granted by law to the Supervisory Board and to Members’ Meetings. In dealings with third parties, the Company…
I.-The term “mutualist representative” refers to any natural person, other than the director referred to in article R. 322-53 or the member of the supervisory board referred to in article R. 322-54, who is a member of a mutual insurance company or the representative of a legal entity which is a member of a mutual insurance company, and who provides the latter, without any employment contract, with personal and voluntary…
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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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