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Part 2 · Special provisions  ›  Division 2 · Change of the legal form by share capital companies › Section 242

Consent required for the change of legal form by a stock corporation or by a public partly limited partnership

Where, by the resolution on change of legal form adopted by a stock corporation changing its legal form or by a public partly limited partnership changing its legal form, the nominal amount of the business shares is specified in the articles of association of the limited liability company as an amount deviating from the amount allocable to the shares of stock, each stockholder must consent to this specification who is unable to participate with their full share.

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