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Part 6 · Amendment of the by-laws. Measures serving the procurement of capital and the reduction of capital  ›  Division 2 · Measures serving the procurement of capital › Section 191

Prohibited issuance of shares of stock and temporary share certificates

Prior to the implementation of the capital stock increase being registered, the new rights to a share cannot be transferred, nor can new shares of stock or temporary share certificates be issued. The new shares of stock and temporary share certificates issued previously are null and void. The issuers are liable as joint and several debtors to the holders for any damages resulting from the issuance.

Subdivision 2
Conditional capital increase

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