Article R4381-62 of the French Public Health Code
If, on expiry of the period provided for in Article R. 4381-59, the rightful claimants 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 company has one year to acquire the deceased member’s shares under the conditions provided for in Article R. 4381-54. If the shares are transferred to…