(1) The change of legal form requires a resolution to be adopted by the holders of shares in the legal entity changing its legal form (resolution on change of legal form). The resolution may only be adopted at an assembly of the holders of shares.
(2) Where the assignment of the shares in the legal entity changing its legal form is contingent on the approval of individual holders of shares, the resolution on change of legal form requires their consent in order to take effect.
(3) The resolution on change of legal form and the declarations of consent by individual holders of shares required by the present Act, including the required declarations of consent to be made by holders of shares who did not appear, must be recorded by a notary. Upon a corresponding demand being made, each of the holders of shares is to be issued, at their cost, a copy of the record of the resolution, such issuance being effected without undue delay.