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Article L125-13 of the French Commercial code

The approval clause is not enforceable in the event of a compulsory sale of the shares, whether or not they have been pledged.

Original in French 🇫🇷
Article L125-13

La clause d’agrément n’est pas opposable en cas de vente forcée des parts, que celles-ci aient ou non fait l’objet d’un nantissement.

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