Article R743-107 of the French Commercial code
When, on expiry of the period provided for in article R. 743-104, the successor(ies) of the deceased partner have not exercised the option of transferring their author’s shares and if no prior consent to the preferential allotment has been given by the company, the latter has one year to acquire the deceased partner’s shares or have them acquired. This period may be extended by three months by the Minister of…