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Showing 601–610 of 43991 articles for “Art. 322-2”
Reinsured companies may only be members of the company to which they are reinsured, in the same capacity as other members, if they are expressly authorised to do so by the Articles of Association of t…
Mutual insurance companies governed by this section must include in their articles of association and in all contractual or advertising documents relating to insurance or capitalisation the following…
Compliance with the provisions of Article L. 310-8 is the responsibility of the approved reinsurer. Insurance contracts underwritten by organisations exempted from administrative approval must indicat…
At the end of each association, a resolution of the company's Board of Directors determines the distribution among the beneficiaries. A copy of this resolution, certified by the company director and b…
The purpose of tontines is not to guarantee their members that the liquidation of an association will provide them with a predetermined sum.
Bodies falling within the scope of this Section which have been set up contrary to the laws and regulations governing their constitution shall be null and void. However, neither the sociétés ou caisse…
Funds raised from subscriptions must be paid in full to the associations, subject only to the deduction of statutory management and acquisition costs. The funds of each association must be managed sep…
The board of directors or management board of each of the mutual insurance companies involved in the merger shall draw up a written report which, together with the draft terms of merger and the audite…
Associations of mutual insurance companies are only validly constituted if they have at least four member companies.
The member-policyholders of an absorbed or merged mutual insurance company automatically acquire the status of member-policyholders of the absorbing or new company.
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