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Article R321-11 of the French Commercial code

The guarantee is the result of a written agreement which, in addition to the general terms and conditions, specifies the amount of the guarantee granted, the terms of remuneration, the accounting control procedures and any counter-guarantees required by the guarantor.

Original in French 🇫🇷
Article R321-11

Le cautionnement résulte d’une convention écrite qui, outre les conditions générales, précise le montant de la garantie accordée, les conditions de rémunération, les modalités de contrôle comptable ainsi que les contre-garanties éventuellement exigées par la caution.

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