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Article L329-2 of the French Insurance Code

Where an undertaking referred to in 4° of I of Article L. 310-2 has branches established in more than one Member State, each branch is treated independently for the purposes of applying the provisions relating to reorganisation and winding-up measures.

Original in French 🇫🇷
Article L329-2

Lorsqu’une entreprise mentionnée au 4° du I de l’article L. 310-2 possède des succursales établies dans plus d’un Etat membre, chaque succursale fait l’objet d’un traitement indépendant pour l’application des dispositions relatives aux mesures d’assainissement et de liquidation.

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