Transformation of a company shall be an operation whereby the company changes its legal form
by decision of its members.
Normal transformation of a company shall not result in the creation of a new corporate person.
It shall merely constitute an amendment of the Articles of Association and shall be subject to
the same conditions of form and time limits as the company, subject to the provisions below.
Nevertheless, the transformation of a company in which the members’ liability is limited to their
contributions into one in which their liability is unlimited shall be decided upon unanimously
by the members. All provisions to the contrary shall be disregarded.
Official translation
Spot-checked
In force from 17 April 1997
Source page 47