Title II: Medicinal products for human use

2° of I of article 6 of law no. 90-1258 of 31 December 1990 relating to the practice in the form of companies of liberal professions subject to a legislative or regulatory status or whose title is protected and to companies for the financial participation of liberal professions is not applicable to sociétés d’exercice libéral de pharmaciens d’officine. More than half of the share capital and voting rights of a…

The direct or indirect holding of shares representing all or part of the share capital of a société d’exercice libéral de pharmaciens d’officine by a natural or legal person practising a liberal health profession other than that of a pharmacist is prohibited.

Registration of the company in the Trade and Companies Register is governed by articles R. 123-31 et seq. of the Commercial Code, subject to the following provisions. The joint representative appointed by the partners sends a copy of the application for registration with the professional body provided for in article R. 4222-3 and, where applicable, the decision of the relevant professional body council referred to in article L. 4222-4 to…

I. – A partner who is a full pharmacist practising within a “société d’exercice libéral” may cease this professional activity, provided that he informs the company and the relevant “conseil de l’ordre” by registered letter with acknowledgement of receipt. The period set for this purpose in the articles of association may not exceed six months from the date of notification of cessation of activity. The shares or corporate units of…

Subject to the provisions of article R. 5125-24, the exclusion of a member of a société d’exercice libéral de pharmaciens d’officine may be decided, when he contravenes the operating rules of the company, by the other members acting by the reinforced majority provided for by the articles of association, calculated by excluding members who have been sanctioned for the same acts or for related acts, the unanimity of the other…

Acts and documents intended for third parties, in particular letters, invoices, advertisements and various publications, issued by a société d’exercice libéral de pharmaciens d’officine shall indicate : 1° Its company name, immediately preceded or followed by, as the case may be : a) either the words “société d’exercice libéral à responsabilité limitée” or the words “SELARL” ; b) the words “société d’exercice libéral à forme anonyme” or the words “SELAFA”;…

A société d’exercice libéral is subject to the disciplinary provisions applicable to the profession of pharmacist. It may not be the subject of disciplinary proceedings independently of those brought against one or more partners exercising their functions within it.

A member who is subject to a disciplinary sanction of permanent disqualification from practising pharmacy loses all his membership rights, the value of his shares being reimbursed to him on the basis of a value determined in accordance with the provisions of article 1843-4 of the Civil Code. The same applies to a temporary ban imposed for a period of more than one year, upon a decision taken in accordance…