Legal or de facto representatives of corporate bodies comprising members indefinitely, jointly and severally liable for the debts of the corporate bodies who, without valid reasons, did not declare its cessation of payments at the registry of the competent court within a period of thirty days, or where such declaration does not include the list of jointly and severally liable members with an indication of their names and residences shall be punished with imprisonment for from 1 (one) month to 2 (two) years.
Official text
Transcription: Spot-checked
In force from 12-07-2016
Source page 126
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
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Section 334-1 of the Penal Code/akn/cm/act/loi/2016-07-12/2016-007
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