Subsection 3: Operation of the company

If the company refuses to agree to the transfer, it has six months from the date of notification of its refusal to notify the shareholder, by any means that provides proof of the date of receipt, of a proposed transfer or repurchase of the shares, which constitutes a commitment on the part of the transferee or the company. Failing agreement between the parties, the transfer price is set by an…

Articles R. 6223-26 and R. 6223-27 also apply to the transfer free of charge of all or part of its shares by one of the members.

When a partner intends to withdraw from the company in application of article 21 of law no. 66-879 of 29 November 1966 relating to professional non-trading companies, he shall notify the company of his decision by any means that provides proof of the date of receipt. The company has six months from the date of this notification to notify the shareholder, in the same form, either of a plan to…

A member who has been struck off the Register or who has been subject to the criminal sanctions referred to in articles L. 6242-1 and L. 6242-2 has six months, from the date on which the decision to strike him off the Register or the court decision became final, to sell his shares under the conditions set out in articles R. 6223-26 to R. 6223-28. In the case of a…

Subject to the rules governing the protection and representation of adults subject to a legal protection measure, the provisions of article R. 6223-30 apply to the transfer of the shares of a member who is legally prohibited or subject to a legal protection measure with representation.

The period provided for in the second paragraph of article 24 of law no. 66-879 of 29 November 1966 relating to professional non-trading companies for the transfer of the shares of a deceased partner is set at one year from the death of the partner. It may be renewed by the Director General of the Regional Health Agency at the request of the heirs of the deceased partner and with…

If, during the period provided for in article R. 6223-32, the successor(ies) decide(s) to transfer their deceased partner’s shares to a third party outside the company, the procedure shall be in accordance with the provisions of articles R. 6223-26 and R. 6223-27. During the same period, if the company, the surviving members or one or more of them agree, in agreement with the successor(s) of the deceased member(s), to acquire…

An application by one or more heirs of a deceased member for the preferential allocation to them of the shares of the deceased member shall be notified to the company and to each of the members by any means that provides proof of the date of receipt.

If, on expiry of the period provided for in article R. 6223-33, 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 or have them acquired, under the conditions provided for in article R. 6223-27. If the…

At the request of the transferee, a copy of the deed of transfer of the company shares, if it is drawn up by private agreement, or a copy of this deed if it is drawn up in the form of a notarised deed, is filed with the Trade and Companies Register in which the company is registered. Where the transferor, in the case provided for in article R. 6223-27, has…