Chapter IV: General provisions applicable to joint stock companies.

A société par actions is designated by a company name, which must be preceded or followed by a reference to the form of the company and the amount of the share capital. The name of one or more partners may be included in the company name. However, in a société en commandite par actions, the names of the limited partners may not be included.

The share capital must be at least €37,000. The reduction of the share capital to a lower amount may only be decided subject to the condition precedent of a capital increase intended to bring it to an amount at least equal to the amount provided for in the previous paragraph, unless the company is transformed into a company of another form. If the provisions of this paragraph are not complied…

When a company of any form that does not have a statutory auditor is converted into a joint stock company, one or more conversion auditors, responsible for assessing under their responsibility the value of the assets making up the company’s assets and special benefits, shall be appointed, unless unanimously agreed by the partners by court decision at the request of the company directors or one of them. The transformation auditors…