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Article L251-22 of the French Commercial code

The liquidation is carried out in accordance with the provisions of the contract. Failing this, a liquidator shall be appointed by the meeting of the grouping’s members or, if the meeting is unable to make such an appointment, by court order.

After payment of debts, the surplus assets shall be distributed among the members in accordance with the conditions laid down in the contract. Failing this, the distribution is made in equal shares.

Original in French 🇫🇷
Article L251-22

La liquidation s’opère conformément aux dispositions du contrat. A défaut, un liquidateur est nommé par l’assemblée des membres du groupement ou, si l’assemblée n’a pu procéder à cette nomination, par décision de justice.

Après paiement des dettes, l’excédent d’actif est réparti entre les membres dans les conditions prévues par le contrat. A défaut, la répartition est faite par parts égales.

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