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Article L7123-20 of the French Labour Code

The financial guarantee may only result from a guarantee undertaking given by a mutual guarantee company, a collective guarantee organisation, an insurance company, a bank or a financial institution authorised to give guarantees.

Original in French 🇫🇷
Article L7123-20

La garantie financière ne peut résulter que d’un engagement de caution pris par une société de caution mutuelle, un organisme de garantie collective, une compagnie d’assurance, une banque ou un établissement financier habilité à donner caution.

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