The transfer of company shares inter vivos shall be evidenced by a written document.
Such transfer may be binding on the company only after compliance with one of the following
formalities:
1°) notification of the transfer to the company by extra-judicial act;
2°) acceptance of the transfer by the company in a notarial deed;
3°) deposit of an original copy of the transfer agreement at the company’s registered office
against an attestation of deposit issued by the manager.
The transfer shall be binding on third parties only after compliance with one of the above
formalities, amendment of the Articles of Association and publication in the Trade and Personal
Property
Rights Register.
Paragraph 2
Terms of transfer
Sub-paragraph 1
Transfer between members
Official translation
Spot-checked
In force from 17 April 1997
Source page 78