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Home | French Legislation Articles | French Commercial code | Legislative part | BOOK II: Commercial companies and economic interest groupings. | TITLE III: Provisions common to the various commercial companies. | Chapter X: Information for employees in the event of the sale of their company | Section 1: The introduction of a period allowing employees to make an offer in the event of the sale of shares or securities giving access to the majority of the capital in companies which are not obliged to set up a works council. | Article L23-10-5 of the French Commercial code

French Commercial code
- Legislative part
  - BOOK II: Commercial companies and economic interest groupings.
    - TITLE III: Provisions common to the various commercial companies.
      - Chapter X: Information for employees in the event of the sale of their company
        Section 1: The introduction of a period allowing employees to make an offer in the event of the sale of shares or securities giving access to the majority of the capital in companies which are not obliged to set up a works council.

Article L23-10-5 of the French Commercial code

Article L23-10-5 of the French Commercial code

November 7, 2023
10:19 pm

The sale takes place within a maximum period of two years after the expiry of the period provided for in article L. 23-10-1. After this period, any sale is subject to articles L. 23-10-1 to L. 23-10-3.

Original in French 🇫🇷

Article L23-10-5

La vente intervient dans un délai maximal de deux ans après l’expiration du délai prévu à l’article L. 23-10-1. Au-delà de ce délai, toute vente est soumise aux articles L. 23-10-1 à L. 23-10-3.

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