BOOK VII: Commercial jurisdictions and the organisation of commerce.

The company’s consent to the transfer of all or part of the shares or corporate units is obtained under the conditions provided for by articles L. 223-14 and L. 228-24 and by the Article 10 of Law no. 90-1258 of 31 December 1990.

If the company does not approve the proposed transferee, it shall proceed in accordance with the provisions ofarticles L. 223-14 and L. 228-24. If the acquirer is a third party to the company, the provisions ofarticles R. 743-44 and R. 743-125sont applicables. If the capital securities or corporate units are acquired by the company or by one or more members practising within the company, the procedure shall be in accordance…

When a member requests his withdrawal from the company by selling all his shares or corporate units, the procedure shall be carried out in accordance with the provisions of ArticlesR. 743-44,R. 743-125 and R. 743-126. However, a partner who intends to cease practising within the company while retaining his shares or corporate units may request his withdrawal as a partner practising within the company, after informing the company and its…

A dismissed partner working within the company has a period of six months from the date on which the dismissal decision becomes final to sell his shares or corporate units to a third party to the company under the conditions provided for in Articles R. 743-44 and R. 743-125. If, on expiry of this period, no assignment has been made, the procedure shall be in accordance with the provisions of…

Subject to the rules governing the protection and representation of incapable persons, the provisions of article R. 743-128 are applicable to the transfer of capital securities or corporate shares by a member placed under the guardianship regime for incapable adults, if he does not wish to or cannot benefit from the provisions of 2° of B of I of the article 5 of law no. 90-1258 of 31 December 1990,…

Any proposed increase in capital leading to the entry into the company of a new partner who does not intend to practise the profession or any proposed agreement by which one of the partners transfers all or part of his shares or corporate units to such a new partner must be declared in advance to the Minister of Justice, at least two months before it is carried out, under the…

In the case provided for in the fifth paragraph of Article R. 743-126, publication of the transfer of equity securities and members’ shares results from the filing at the registry of the court responsible for keeping the register of commerce and companies of the place of the company’s registered office of two certified copies of the summons sent to the transferor and the supporting documents proving service of this summons.