The proposed merger shall be submitted to the meetings of debenture holders, unless the said
debenture holders are offered the possibility of reimbursement of their debentures on a mere
request by them.
Where debentures are reimbursable on a mere request, the acquiring company shall become the
debtor of the debenture holders of the acquired company.
Offer of reimbursement of debentures on a mere request by debenture holders provided for above
shall be published in a newspaper empowered to publish legal notices of the State Party.
Any debenture holder who has not applied for reimbursement within the time limit fixed shall
retain his status in the acquiring company, under the conditions laid down by the merger contract.
Official translation
Spot-checked
In force from 17 April 1997
Source page 151