Article R4113-59 of the French Public Health Code
If, on expiry of the period provided for in article R. 4113-56 , the heirs of the deceased member have not exercised their option to transfer their shareholder’s shares and if no prior consent to the preferential allotment has been given by the company, the latter has one year to acquire or have acquired, under the conditions provided for in article R. 4113-51, the shares of the deceased member. If…