Article L5125-12 of the French Public Health Code
Any pharmacist who is a partner in a company operating a pharmacy and who carries out his activity there must directly hold a fraction of the share capital and the associated voting rights. In a general partnership, a limited liability partnership or a private limited company (société d’exercice libéral à responsabilité limitée), they may also, if the articles of association so provide, be allocated industrial shares. Industrial partnership status is…