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Article L22-10-65 of the French Commercial code

Shares owned in breach of articles L. 22-10-61 and L. 22-10-62 must be sold within one year of their subscription or acquisition. On expiry of this period, they must be cancelled.

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Original in French 🇫🇷
Article L22-10-65

Les actions possédées en violation des articles L. 22-10-61 et L. 22-10-62 doivent être cédées dans un délai d’un an à compter de leur souscription ou de leur acquisition. A l’expiration de ce délai, elles doivent être annulées.

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