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Article L247-5 of the French Commercial code

Contravening the prohibition on performing the duties of liquidator is punishable by two years’ imprisonment and a fine of 9,000 euros.

Anyone convicted pursuant to the preceding paragraph may no longer be employed, in any capacity whatsoever, by the company in which he or she performed the prohibited duties. In the event of a breach of this prohibition, the convicted person and his employer, if the latter had knowledge thereof, shall be punished by the penalties provided for in the said paragraph.

Original in French 🇫🇷
Article L247-5

Est puni d’un emprisonnement de deux ans et d’une amende 9 000 euros le fait de contrevenir à l’interdiction d’exercer les fonctions de liquidateur.

Quiconque est condamné par application de l’alinéa précédent ne peut plus être employé, à quelque titre que ce soit, par la société dans laquelle il a exercé les fonctions prohibées. En cas d’infraction à cette interdiction, la personne condamnée et son employeur, si ce dernier en a eu connaissance, sont punis des peines prévues audit alinéa.

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