The application of the provisions of Article 757 of this Uniform Act may only be set aside by
the general meeting sitting under the conditions of quorum and majority of an extraordinary
meeting, and the deliberations shall not be valid unless the board of directors or the managing
director, as the case may be, indicates in their report to the general meeting the reasons for the
increase of capital and the persons to whom the new shares shall be allotted, together with the
number of shares allotted to each person, the issue price and the basis on which such price was
determined.
Section 3
Negotiability of shares
Official translation
Spot-checked
In force from 17 April 1997
Source page 166