The cumulative amount of guarantee fund interventions made pursuant to the provisions of article L. 421-9 from the start of the 2004 financial year may not exceed 700 million euros.
Home | French Legislation Articles | French Insurance Code | Regulatory part | Book IV: Organisations and special insurance schemes | Title II: Guarantee funds | Chapter I: The compulsory non-life insurance guarantee fund. | Section V: Intervention by the fund in the event of the withdrawal of an insurance undertaking's administrative authorisation | Paragraph 1: Involvement of the guarantee fund | Article R421-52 of the French Insurance Code
The cumulative amount of guarantee fund interventions made pursuant to the provisions of article L. 421-9 from the start of the 2004 financial year may not exceed 700 million euros.
Le cumul des interventions du fonds de garantie effectuées, en application des dispositions de l’article L. 421-9, à compter de l’ouverture de l’exercice comptable 2004, ne peut excéder 700 millions d’euros.
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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