French Monetary and Financial CodeIn force
Section 5: Home savings schemes
Article L221-29
The rules relating to building savings are set out in the…
AI translation · Updated 8 Nov 2023Open Article
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Showing 81–90 of 68137 articles for “Art. L 221-31 and L 221-31 II”
The rules relating to building savings are set out in the…
Individuals of legal age whose tax residence is in France may open a share savings plan with a credit institution, the Caisse des dépôts et consignations, the Banque de France, La Banque Postale, an i…
I. - After the fifth year, partial withdrawals of sums or securities and, in the case of capitalisation contracts, partial redemptions do not result in the closure of the equity savings plan.II. - Bef…
The Livret A is open to individuals, associations mentioned in article 206. 5 of the General Tax Code, low-income housing associations and co-owners' associations. Minors may open Livret A accounts wi…
The Livret A can be offered by any credit institution authorised to receive sight deposits from the public and which has entered into an agreement to this effect with the State.
Transactions relating to Livret A passbook accounts and Crédit Mutuel special passbook accounts opened before 1 January 2009 are subject to documentary and on-site inspections by the Inspectorate Gene…
Establishments managing people's savings plans which are unable to produce the supporting documents provided for in the contract within three months of a request from the relevant departments or super…
Any withdrawal of funds will result in the closure of the plan. The plan is closed on the death of the holder. Withdrawals after the tenth year do not result in closure of the plan. However, no paymen…
A Conseil d'Etat decree specifies the eligible transactions covered by the Mutual Insurance Code, Title III of Book VII of the Social Security Code or Article 1050 of the Rural Code and the procedures…
The people's savings plan entitles the holder, in return for payments into an account opened with or under a life insurance contract taken out with bodies governed by the Insurance Code or the Mutual…
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