Article L229-12 of the French Commercial code
Under the conditions they determine, the articles of association of a société européenne which does not intend to offer its shares to the public, or which intends to make one of the offers referred to in 1° and 2° of Article L. 411-2 of the Monetary and Financial Code or article L. 411-2-1 of the same code, may provide that a shareholder may be required to sell his shares. They…