Any natural person under the obligation to register in the Register of Commerce
and Securitieswho did not apply within the prescribed deadline shall not assume the status
ofmerchant until he registers, when such status is required.
Any legal entity under the obligation to register in the Register of Commerce and
Securitieswhich did not apply within the prescribed deadline shall not assume the legal
personality until its registration.
However, both shall not raise their registration failure in the Register of Commerce and
Securities to avoid responsibilities and obligations inherent in this capacity.
Unofficial translation
Spot-checked
In force from 15 December 2010
Source page 25