Sub-paragraph 2: Special provisions for the different types of guarantee

The financial guarantee may only be granted by mutual guarantee companies if their sole purpose is to guarantee the claims defined in article L. 1251-49.

The guarantee undertaking provided for in article R. 1251-11 may only be given by an approved collective guarantee body, an insurance company, a bank or a financial institution authorised to give guarantees if the body, company, bank or financial institution can legally carry on business in France.

The guarantee commitment is the subject of a written contract specifying the conditions and the amount of the guarantee granted as well as the terms and conditions of the accounting control that the guarantor may exercise over the temporary employment undertaking. This contract provides for the waiver by the guarantor, in the event of default by the temporary employment undertaking, of the benefit of discussion provided for in articles 2305…