Article R322-142
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…
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Showing 1901–1910 of 10638 articles for “Art. Euronext Warrant segment rules”
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 opening and constitution of each association in the event of survival, as well as the closing of the registration lists for the said association, must be recorded by deliberation of the company's…
Subject to the provisions of this Book, the articles of tontines must specify: 1° The conditions governing the formation and duration of associations in the event of survival and of associations in th…
Associations in the event of survival or death created by tontines may only be validly constituted if they have at least two hundred members.
The contributions due to the associations in the event of death are calculated taking into account the age of the members at the time they fall due and according to a rate based on a mortality table s…
No survivorship association may have a duration of less than ten years or more than twenty-five years, counted from 1 January of the year in which it was opened. The period during which a survivorship…
Each survivorship association must be wound up within one year of its expiry. Associations in the event of death must be wound up at the end of each year.
For a single tontine company, there must be a single association in the event of death. However, a second "counter-insurance" association, which must be separate from the first, may be set up for the…
Participation in General Meetings is subject to the conditions set out in Article R. 322-58. However, for the election of delegates, member-policyholder groups are formed on the basis of associations.
Tontine companies must have start-up capital of at least €160,000.
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