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Home | French Legislation Articles | French Commercial code | Legislative part | BOOK II: Commercial companies and economic interest groupings. | TITLE II: Provisions specific to various commercial companies. | Chapter V: Public limited companies. | Section 4: Changes in share capital and employee share ownership. | Subsection 2: Subscription and purchase of shares by employees. | Paragraph 3: Allocations of free shares. | Article L225-197-5 of the French Commercial code

French Commercial code
- Legislative part
  - BOOK II: Commercial companies and economic interest groupings.
    - TITLE II: Provisions specific to various commercial companies.
      - Chapter V: Public limited companies.
        Section 4: Changes in share capital and employee share ownership.
        Subsection 2: Subscription and purchase of shares by employees.
        Paragraph 3: Allocations of free shares.

Article L225-197-5 of the French Commercial code

Article L225-197-5 of the French Commercial code

November 8, 2023
7:04 am

The Ordinary General Meeting of the company that directly or indirectly has majority control over the company awarding the free shares shall be informed in accordance with the conditions set out in article L. 225-197-4.

Original in French 🇫🇷

Article L225-197-5

L’assemblée générale ordinaire de la société contrôlant majoritairement, directement ou indirectement, celle qui attribue gratuitement les actions est informée dans les conditions prévues à l’article L. 225-197-4.

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