When a joint stock company is formed without a public offer, or by means of a public offer mentioned in 1° or 2° of Article L. 411-2 of the Monetary and Financial Code or Article L. 411-2-1 of the same code, a statement of the acts carried out on behalf of the company being formed, with an indication, for each of them, of the resulting liability for the company, is made available to the shareholders under the conditions provided for in Article R. 225-14.
This statement is appended to the Articles of Association, the signing of which entails the assumption of the commitments by the company, when it has been registered in the Trade Register.
In addition, the shareholders may, in the Articles of Association, or by separate deed, give a mandate to one or more of them to enter into commitments on behalf of the company. Provided that they are determined and that their terms and conditions are specified by the mandate, the registration of the company in the Trade and Companies Register entails the assumption of these commitments by the company.