French Insurance Code
In forceI. - The association's articles of association lay down the procedures for appointing and dismissing members of the supervisory board of the people's pension savings plans subscribed by the association, the duration and renewable nature of their term of office and the procedures for making provisional appointments in the event of a vacancy caused by the death, resignation or dismissal of one or more members between two members' meetings. They provide for the appointment of a minimum number of members elected, on the one hand, from among members whose rights under the plan are in the process of being established and, on the other hand, from among members whose rights under the plan have been liquidated, when the number of the latter exceeds one hundred.
The Association's Articles of Association stipulate that at least one member of the Board of Directors is a member of the Supervisory Committee for each plan subscribed to by the Association.
II - The election of members of the Supervisory Board of a popular retirement savings plan representing the members of this plan is carried out by secret ballot. The votes are counted and the results posted at the association's registered office within forty-eight hours.
III - The list of members of a Popular Retirement Savings Scheme may be consulted by the members of the Supervisory Committee of this scheme or, where applicable, by the members of the Board of Directors of the association.
