The members and company executives to whom the nullity is attributed may be declared jointly
and severally liable for any damage suffered by third parties as a result of nullity of the company.
The action in vicarious liability based on the nullity of the company or of the acts and
deliberations subsequent to its formation shall be barred at the end of three years from the day
the annulment decision became final.
The removal of the cause of the nullity shall not be a bar to a civil action claiming damages
caused by the defect in the company, the acts or deliberations. Such action shall lapse three years
after the date on which the cause of the nullity was removed.
Official translation
Spot-checked
In force from 17 April 1997
Source page 62