Where a usufruct is attached to the shares, the purchase offer shall be to the bare owner. However,
the purchase of shares shall be final only where the usufructuary has expressly consented to the
transaction.
Except otherwise agreed upon between the bare owner and the usufructuary, the purchase price
of the shares shall be shared between them proportionately to the value of their respective rights
to the shares.
Official translation
Spot-checked
In force from 17 April 1997
Source page 146