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Article L384-1 of the French Insurance Code

Insurance undertakings and their branches mentioned in 1° of Article L. 310-2 as well as the French branches of insurance undertakings mentioned in 4° of the same Article may be authorised, under the conditions defined in Article L. 324-1, to transfer all or part of their portfolio of contracts offering the benefits mentioned in Article L. 381-1 to one or more supplementary occupational pension funds, mutual insurers or supplementary occupational…

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Article L384-2 of the French Insurance Code

Supplementary occupational pension funds may be authorised, under the conditions defined in Article L. 324-1, to transfer all or part of their portfolio of contracts to insurance companies and their branches mentioned in 1° of Article L. 310-2 as well as to French branches of insurance companies mentioned in 4° of the same article, to mutual insurance companies or unions governed by Book II of the Mutual Code or to…

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Article L384-3 of the French Insurance Code

Supplementary occupational pension funds may be authorised, under the conditions defined in Article L. 324-1, to transfer all or part of their portfolio of contracts to one or more supplementary occupational pension funds, mutual insurance companies or supplementary occupational pension unions referred to in Article L. 214-1 of the French Mutual Code and institutions for supplementary occupational retirement provision referred to in Article L. 942-1 of the French Social Security…

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Article L384-4 of the French Insurance Code

I. – When the mergers or demergers referred to in article L. 236-1 of the French Commercial Code involve transfers of contract portfolios carried out under the conditions provided for in article L. 384-3 of this Code, articles L. 228-65, L. 228-73, L. 236-13, L. 236-14, L. 236-15, L. 236-18 and L. 236-21 of the French Commercial Code do not apply. II. – When the merger or demerger does not…

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Article L384-5 of the French Insurance Code

I. – The assets transferred with a portfolio of supplementary occupational pension contracts by a life insurance or capitalisation undertaking or a supplementary occupational pension fund are allocated to a separate accounting section of the balance sheet of the undertaking or fund receiving the contracts. For the purpose of calculating the participation in profits relating to these assets provided for in article L. 132-29, no account is taken of the…

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