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Article L214-162-12 of the French Monetary and Financial Code

AIFs governed by this paragraph may be transformed without dissolution into a société de libre partenariat under the conditions defined by the AIF’s articles of association or regulations.

Existing unitholders or shareholders become limited partners.

Original in French 🇫🇷
Article L214-162-12

Les FIA régis par le présent paragraphe peuvent se transformer sans dissolution en société de libre partenariat dans les conditions définies par les statuts ou par le règlement du FIA.

Les porteurs de parts ou actionnaires existants deviennent associés commanditaires.

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