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Article R743-103 of the French Commercial code

Subject to the rules on the protection and representation of incapacitated persons, the provisions of article R. 743-102 are applicable to the transfer of the shares of a member who is under a legal ban or has been placed under the guardianship regime for adults.

The period allowed for an excluded member to transfer his shares to a third party runs from the day on which the decision of the other members pronouncing his exclusion has been notified to him in one of the forms provided for in article R. 743-99.

Original in French 🇫🇷
Article R743-103

Sous réserve des règles de protection et de représentation des incapables, les dispositions de l’article R. 743-102 sont applicables à la cession des parts sociales de l’associé frappé d’interdiction légale ou placé sous le régime de tutelle des majeurs.

Le délai imparti à l’associé exclu pour céder ses parts à un tiers court à compter du jour où la décision des autres associés prononçant son exclusion lui a été notifiée dans l’une des formes prévues à l’article R. 743-99.

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