SECTION 394

On presentation of allotment letters and, where necessary, a certificate issued by the depositary attesting the deposit of funds, the notary shall state in the act he shall draw up, referred to “notarial statement of subscription and payment,” that the amount of subscriptions declared corresponds to the amount appearing on the allotment letters and that the amount paid corresponds to the total sums of money deposited in his chambers or, where necessary, appearing on the certificate referred to above. The certificate issued by the depositary shall be annexed to the notarial statement of subscription and payment. The notary shall make the statement available to subscribers who may examine it and obtain a copy thereof in his chambers. Section 3 Drawing up of the Articles of Association