The defaulting shareholder, successive transferees and subscribers shall be jointly and severally
liable for the unpaid amount of the share.
The company may take action against them before or after the sale, or at the same time, to obtain
the sum owed and a refund of the costs incurred.
Any person who pays off the company shall be entitled to take action for the entire sum against
successive holders of the share. The final charge on the debt shall fall to the last of such holders.
Section 8
Redemption of shares
Official translation
Spot-checked
In force from 17 April 1997
Source page 169