SECTION 393

Funds from the subscription of shares issued for cash shall be deposited by the persons that received them, on behalf of the company being formed, either at a notary’s office or at a duly accredited credit or microfinance institutions domiciled in the State party of the headquarters of the company being formed, in a special account opened in the name of this company. Funds shall be deposited within a period of eight (8) days from the date of receipt thereof. The depositor shall provide the depository, at the time of the deposit of funds, a list stating the identity of the subscribers and indicating, the amount of money paid by each of them. The depositary is required to, until the withdrawal of the funds, provide the list referred to in paragraph 3 above, to any subscriber who, after showing proof of his subscription, so requests. The petitioner may review the list and obtain, at his expense, the delivery of a copy thereof.