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Article R6223-34 of the French Public Health Code

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.

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Article R6223-35 of the French Public Health Code

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…

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Article R6223-36 of the French Public Health Code

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…

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Article R6223-37 of the French Public Health Code

Within one month of the transfer, the transferee must send a copy or a certified true copy of the deed of transfer to the president of the Association Council to which he belongs. Within the same time limit, he must inform the Director General of the Regional Health Agency and, where applicable, the councils of the Association to which the other members belong, of the transfer.

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Article R6223-39 of the French Public Health Code

If the constitution of reserves or the release of capital gains so permit, the share capital is periodically increased. The shares created in this way are allocated to the members, including those who have contributed only their industry, in accordance with the conditions set out in the second paragraph of article R. 6223-25 for the distribution of profits. This increase in capital may not take place before the shares corresponding…

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Article R6223-40 of the French Public Health Code

An original or a copy of the instrument amending the Articles of Association is filed by one of the legal representatives with the Trade and Companies Register in which the company is registered. Until this formality has been completed, the amendment to the Articles of Association may not be relied upon by third parties. Any interested party may obtain, at his or her own expense, an extract from the deed…

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Article R6223-41 of the French Public Health Code

A member who has contributed his industry exclusively shall notify the company of his decision to withdraw in the manner provided for in the first paragraph of article R. 6223-26. His withdrawal takes effect on the date he indicates or, failing that, on the date of this notification. However, the Articles of Association may provide that the withdrawal will not take effect until the expiry of a period, which may…

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Article R6223-42 of the French Public Health Code

A member who holds shares corresponding to a capital contribution may, on condition that he informs the company in the manner provided for in the first paragraph of article R. 6223-26, cease the professional activity that he pursues within this company before the end of the procedure for the sale or repurchase of his shares. Where applicable, he must comply with the deadline set by the articles of association, which…

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