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Article L680-5 of the French Commercial code

Where the provisions of Titles I to VI of this Book are applied in respect of a business carried on without the allocation of assets and liabilities, the assets and liabilities which, where applicable, come from assets whose allocation has ceased to have effect pursuant to Article L. 526-15 are considered to be outside the unaffected patrimony. This exclusion ceases as soon as the claims that made up the former assets are extinguished.

This article does not apply if the business to which the assets were assigned has continued to be carried on after the assignment has ceased.

Original in French 🇫🇷
Article L680-5
Lorsque les dispositions des titres Ier à VI du présent livre sont appliquées à raison d’une activité professionnelle exercée sans affectation de patrimoine, les éléments d’actif et de passif qui, le cas échéant, proviennent d’un patrimoine dont l’affectation a cessé de produire ses effets en application de l’article L. 526-15 sont considérés comme étant hors du patrimoine non affecté. Cette exclusion prend fin dès lors que les créances ayant composé l’ancien patrimoine sont éteintes.


Le présent article n’est pas applicable si l’exercice de l’activité à laquelle le patrimoine était affecté s’est poursuivi après la cessation de l’affectation.


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