After approving the summary financial statements and ascertaining the availability of
distributable funds, the general meeting shall also determine:
- appropriations for optional reserves, where necessary;
- the part of the profits to be allotted to shares and to stocks, as the case may be;
- the amount to be carried forward, if any.
The amount of the profits allotted to each share or stock shall be referred to as dividend.
Any dividend distributed in violation of the rules set forth in this article shall be fictitious.
Official translation
Spot-checked
In force from 17 April 1997
Source page 40