All sections · Part V: Shares · Sub-Part III: Transfer of shares
60 Transmisión de la cuota del socio fallecido por el representante personal
La transmisión de la participación de un socio fallecido en una sociedad por parte del representante personal del socio fallecido, aunque el representante personal no sea socio de la sociedad, es tan válida como si el representante personal hubiera sido socio en el momento de la ejecución del instrumento de transmisión.
Translation for information only. Only the English original is legally binding.
Original wording (English, legally binding): Transfer of deceased member‘s share by personal representative
A transfer of the share of a deceased member of a company made by the
deceased member‘s personal representative, although the personal
representative is not a member of the company, is as valid as if the personal
representative had been a member at the time of the execution of the instrument
of transfer.
deceased member‘s personal representative, although the personal
representative is not a member of the company, is as valid as if the personal
representative had been a member at the time of the execution of the instrument
of transfer.
