The transfer of shares shall be recorded in a written document.
It may be binding on the company only after any one of the following formalities has been
fulfilled:
1°) notification to the company of the transfer by means of a bailiff’s act;
2°) acceptance of the transfer by the company in a notarial deed;
3°) deposit of the original deed of transfer at the registered office against an attestation of deposit
issued by the manager.
The transfer of shares may be binding on third parties only after the fulfilment any one of the
above formalities and after publication by entry in the Trade and Personal Property Rights
Register.
Official translation
Spot-checked
In force from 17 April 1997
Source page 73