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Article R*322-117-2 of the French Insurance Code

The articles of association of companies reinsured under the conditions defined in Article R. 322-117-1 must contain a clause providing for the substitution of the mutual union for the reinsured companies and the name of this union. They may provide that rates are set by the union which is substituted for the reinsured companies under the conditions defined in Article R. 322-117-1.

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Article R*322-117-3 of the French Insurance Code

The mutual union which is substituted for the reinsured companies under the conditions defined in Article R. 322-117-1 must inform the Autorité de contrôle prudentiel et de résolution of the conclusion, expiry, termination or amendment of such a treaty no later than two months before the treaty takes effect, its termination, expiry or the planned amendments. The reinsured companies referred to in the first paragraph of Article R. 322-117-1 must,…

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Article R*322-117-4 of the French Insurance Code

Insurance contracts taken out by the reinsured companies referred to in the first paragraph of Article R. 322-117-1 must indicate, in very conspicuous characters, the name and address of the mutual insurance association which is substituted for the reinsured companies in accordance with the provisions of the same article, and mention the formal undertaking by this company to take the place of the reinsured companies. Compliance with the provisions of…

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Article R*322-117-5 of the French Insurance Code

The portfolio transfers referred to in Article L. 324-1 of the Code, relating to companies reinsured under the conditions defined in Article R. 322-117-1, are carried out by the mutual insurance association substituted for the reinsured companies in accordance with the provisions of the same Article, which acts on behalf of the companies for which it is substituted. The portfolio transfer notice and order referred to in Article L. 324-1…

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Article R*322-117-6 of the French Insurance Code

Where a company referred to in this section, previously authorised in accordance with the provisions of Article R. 321-1, enters into a reinsurance treaty and obtains the agreement of the Autorité de contrôle prudentiel et de résolution under the conditions set out in Article R. 322-117-1, the latter shall declare, by decision published in the Journal officiel, that all the authorisations have lapsed.

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Article R322-119 of the French Insurance Code

The regulations governing insurance undertakings set out in this Code apply, under the conditions and subject to the reservations set out in this section, to the bodies referred to in Article L. 771-1 of the Code rural et de la pêche maritime (Rural and Maritime Fishing Code). These undertakings comply with the rules governing their formation and operation laid down for insurance undertakings in Section IV, subsections 1, 2, 3,…

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Article R322-119-1 of the French Insurance Code

The bodies referred to in article L. 771-1 of the Rural and Maritime Fishing Code are exempt from the formalities provided for in articles R. 322-51 and R. 322-52. Their incorporation takes effect as from the filing of their articles of association at the town hall of the municipality in which their registered office is located, in accordance with the provisions of article R. 2131-1 of the Labour Code. Within…

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Article R322-119-2 of the French Insurance Code

Notwithstanding the provisions of article R. 322-59, paragraph 1, notices of general meetings are sent to members by post or electronically or by advertisement, at least fifteen days before the date of the meeting, in at least two daily or weekly newspapers circulated in the district of the company or caisse. The provisions of the sixth paragraph of Article R. 322-58 do not apply if the Articles of Association stipulate…

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Article R322-119-3 of the French Insurance Code

The draft terms of merger provided for in article R. 322-106-6 shall be filed at the town hall of the municipality in which the registered office of each of the participating companies or funds is located. The formalities provided for in the first sentence of article R. 322-106-10 do not apply to the bodies mentioned in article L. 771-1 of the Rural and Maritime Fishing Code. In the event of…

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