Subsection 3: Provisions applicable to sociétés d'exercice libéral.

One or more court-appointed administrators may constitute, among themselves and with the persons mentioned in B of I of the article 5 and at 1° and 3° of I of the 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 legislative or regulatory status or whose title is protected and to companies for the financial…

Sociétés d’exercice libéral constituées pour l’exercice de la profession d’administrateurs judiciaires ou de mandataires judiciaires sont régies par les dispositions du livre II et de la loi n° 90-1258 of 31 December 1990, subject to the provisions of this section.

The company is formed under the suspensive condition of its registration on the national list of judicial administrators provided for by Article L. 811-2 or on the national list of judicial representatives provided for by Article L. 812-2. The provisions of this Article do not apply to multi-professional practice companies.

The Commission nationale d’inscription et de discipline shall be informed of any changes to the list of partners and to the amount of their capital participation.

The company is exempt from the publication formalities provided for in articles R. 210-16 et seq.

Where the company’s consent is obtained under the conditions set out in articles L. 223-14 and L. 228-24 and 10 of Law no. 90-1258 of 31 December 1990, the transferee shall apply to the National Commission for Registration and Discipline, by registered letter with acknowledgement of receipt or by delivery against receipt, for his registration on the list mentioned in the second paragraph of Article R. 814-87. The application must…

Subject to the rules governing the protection and representation of protected persons, the provisions of article R. 814-80 are applicable to the transfer of the capital securities or corporate shares of a member placed under guardianship, 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, or of a partner…

The company may not be subject to disciplinary proceedings independently of those brought against the partners practising within it.

Any partner exercising the profession of judicial administrator or judicial representative within the company, who has been subject to a definitive disciplinary sanction equal to or greater than three months’ disqualification from exercising his profession or a definitive criminal conviction for a prison sentence equal to or greater than three months may be forced, by the unanimous vote of the other partners exercising within the company, to withdraw from the…

A partner who is barred from office is not thereby deprived of his status as a partner. He retains all the rights and obligations arising therefrom.