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Home› Company & Audit Law› Company Law Directive (codification)

Chapter IV · Capital maintenance and alteration  ›  Section 5 · Rules for the increase and reduction of capital › Article 69

Paying up shares issued for consideration

Shares issued for consideration, in the course of an increase in subscribed capital, shall be paid up to at least 25 % of their nominal value or, in the absence of a nominal value, of their accountable par. Where provision is made for an issue premium, it shall be paid in full.

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