Founding members, as well as the first directors, managers, managing directors or other initial
members of the management organs of the company, shall be jointly and severally liable for
torts arising either from the omission of a mandatory detail in the Articles of Association, or
from the improper fulfilment of a prescribed formality in the formation of the company.
Official translation
Spot-checked
In force from 17 April 1997
Source page 28