The purchaser shall have the obligation to pay the price of the business on the day and at the
place fixed in the sales agreement to the Notary or in a bank designated by the mutual agreement
of the parties to the agreement.
The Notary or the bank so designated shall keep the funds as escrow agent for a period of thirty
days which shall run from the day of publication of the sale in a newspaper authorized to publish
legal notices.
Where at the end of this period, no objection has been notified to the escrow agent, he shall put
the sale price at the disposal of the vendor.
Where one or more objections have been notified to the escrow agent within the said period,
the sale price shall be made available to the vendor only on proof that the objections have been
withdrawn.
Official translation
Spot-checked
In force from 17 April 1997
Source page 40