International Insolvency

In Poland, the rules for the transfer of shares in a limited liability company (LLC) are specified in the Commercial Companies Code (CCC). According to Article 180 of the CCC, [1] the transfer of a share, or a fraction thereof, must be in writing with notarized signatures. The company agreement may contain additional restrictions on the transfer of shares, such as the need to obtain the company's consent to their sale or the introduction of a preemptive right for other shareholders.