Subsection 3: Provisions relating to transfers of portfolios of insurance contracts

Without prejudice to the provisions of Article L. 311-29, any compensation paid in consideration for a transfer carried out pursuant to 3° and 4° of Article L. 311-30, Article L. 311-36, Article L. 311-42, Article L. 311-48 or Article L. 311-50 shall be paid by the acquirer: 1° To the owners of the equity securities mentioned in Chapter II of Title I of Book II of the Monetary and Financial…

When the collège de résolution issues the injunction provided for in 3° of Article L. 311-30, 1° of I of Article L. 311-42 and 1° of I of Article L. 311-48 to a person mentioned in I of Article L. 311-1, it shall be regularly informed by the person concerned, in accordance with the procedures it has defined, of transactions relating to the transfer of insurance policy portfolios.

When the resolution college issues a call for tenders under the measures provided for in Article L. 311-31, II of Article L. 311-42 and II of Article L. 311-48 with a view to transferring a portfolio of insurance contracts, the person concerned shall make available to the candidates for transfer the information mentioned in I of Article R. 612-31-2 of the Monetary and Financial Code. The person mentioned in 1°,…