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Showing 7251–7260 of 59899 articles for “Art. R 134-1”
Mutual insurance companies may only be validly constituted if they have at least three hundred members. Exceptions to this rule may be granted by the Autorité de contrôle prudentiel et de résolution t…
Surplus income may be distributed only after the reserves prescribed by the laws and regulations in force have been set up, after any loans taken out have been repaid and after the regulatory provisio…
The Executive Chairmen or Directors may only be reimbursed for outlays actually incurred by them on behalf of the Company, subject to justification.
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…
When an undertaking has had its administrative authorisation withdrawn or declared null and void by the Autorité de contrôle prudentiel et de résolution or by the supervisory authority of another Memb…
I.-The decision to withdraw administrative authorisation is published in the Official Journal of the French Republic and in the Official Journal of the European Union.This publication is carried out b…
The purpose of tontines is not to guarantee their members that the liquidation of an association will provide them with a predetermined sum.
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 Managing Director, the Deputy Managing Director(s) and the members of the Management Board effectively manage the company within the meaning of article L. 322-3-2. The Board of Directors or the Su…
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