Subject to the provisions of Article L. 322-13, shares in central insurance companies may : a) Either be distributed free of charge to members of staff of national insurance undertakings ; b) or be sold for valuable consideration.
A decree of the Conseil d’Etat shall set the terms and conditions for the distribution of free shares as provided for in Article L. 322-22. When free shares are distributed to employees, account is taken of their length of service and their responsibilities within the company.
Shares in central insurance companies are registered. Shares sold for valuable consideration or free of charge in accordance with Article L. 322-22 may be traded on the financial market after the expiry of periods and under conditions laid down by decree in the Conseil d’Etat.
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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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