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Article L228-35-11 of the French Commercial code

Non-voting preference shares are not taken into account when determining the percentage provided for in Article L. 233-1 or article L. 233-2.

Original in French 🇫🇷
Article L228-35-11

Il n’est pas tenu compte des actions à dividende prioritaire sans droit de vote pour la détermination du pourcentage prévu à l’article L. 233-1 ou à l’article L. 233-2.

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