Applicable company formation rules

Unless the stipulations of the present Book lead to a different conclusion, the company formation rules applicable to the new legal form apply to the change of legal form. Provisions requiring a minimum number of founders for the formation, as well as the provisions as to the appointments to the first supervisory board and the composition of same, are not to be applied. In the event the legal structure of a legal entity is changed to become a stock corporation, section 31 of the Stock Corporation Act is applicable.