SECTION 47

Where the contribution consists of the enjoyment of property, the contributor shall be a guarantorfor the company as a lessor for the lessee. However, when the contribution consists offungible goods or all other assets meant to be renewed during the company’s existence, the contract shall transfer ownership of the assetscontributed to the company on condition that it gives an equal quantity, quality and value in return. In this case, the contributor shall be a guarantor forthe company under the conditions laid down in the preceding article.