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Part 2 · Special provisions  ›  Division 2 · Change of the legal form by share capital companies › Section 230

Preparations for the assembly of the holders of shares

(1) The managing directors of a limited liability company changing its legal form are to give advance notice in text form to all of the shareholders, at the latest together with the invitation convening the meeting of shareholders that is to adopt a resolution on change of legal form, apprising them that a change of legal form will be the subject matter of a resolution to be adopted, and are to transmit the report on the change of legal form.

(2) From the time onwards at which the general meeting of a stock corporation or of a public partly limited partnership is convened that is to adopt a resolution on change of legal form, the report on the change of legal form is to be kept on display for inspection by the stockholders at the business premises of the company. Upon a corresponding demand being made, each stockholder as well as each general partner who is prohibited from managing the affairs of the company is to be provided with a copy of the report on the change of legal form without undue delay and at no charge. Subject to their consent, the report on the change of legal form may be transmitted to the stockholder and to the general partner who is prohibited from managing the affairs of the company by means of electronic communication. The obligations pursuant to sentences 1 and 2 will lapse if the report on the change of legal form is accessible, for the same period of time, on the company website.

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