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Article R4113-37 of the French Public Health Code

Shares may not be pledged as collateral.

Their nominal value may not be less than 15 euros.

Shares corresponding to contributions in kind are non-transferable and are cancelled when the holder ceases to be a partner.

Original in French 🇫🇷
Article R4113-37

Les parts sociales ne peuvent être données en nantissement.

Leur montant nominal ne peut être inférieur à 15 euros.

Les parts sociales correspondant aux apports en industrie sont incessibles et sont annulées lorsque leur titulaire perd sa qualité d’associé.

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