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AI Summary of Article 7 General provisions and joint and several liability

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Version status: Amended | Document consolidation status: Updated to reflect all known changes
Version date: 30 January 2025 - onwards
Version 3 of 3

Article 7 General provisions and joint and several liability

1. The coordination measures prescribed by this Section shall apply to the laws, regulations and administrative provisions of the Member States relating to the types of companies listed in Annex II and, where specified, mutatis mutandis to the types of companies listed in Annex IIB.

2. If, before a company being formed has acquired legal personality, action has been carried out in its name and the company does not assume the obligations arising from such action, the persons who acted shall, without limit, be jointly and severally liable therefor, unless otherwise agreed.

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