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Article L125-8 of the French Commercial code

The contract of incorporation or the articles of association, as the case may be, must, on pain of nullity, and subject to the joint and several liability of the signatories, contain an express statement, either that no funds are encumbered by the lien or pledge provided for in Chapters I to III of Title IV of this Book, or, if this is not the case, that no opposition has been lodged prior to the accession of one of the members or that its release has been ordered by the courts.

Original in French 🇫🇷
Article L125-8

Le contrat constitutif ou les statuts, selon le cas, doivent, à peine de nullité, et sous la responsabilité solidaire des signataires, contenir la mention expresse, soit qu’aucun fonds n’est grevé du privilège ou d’un nantissement prévu aux chapitres Ier à III du titre IV du présent livre, soit, dans le cas contraire, qu’il n’a pas été formé d’opposition préalablement à l’adhésion d’un des membres ou que mainlevée en a été ordonnée par justice.

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