Book Two: Nominate Contracts · Section One: Contracts of Transfer of Ownership · Chapter Five: Company Contract · Part One: General Provisions
A company shall acquire legal personality upon its formation. Such legal personality may not be relied upon against a third party except after completion of the procedures prescribed by law. However, third parties may rely on such personality notwithstanding the non-completion of the prescribed procedures.
Interpretation and application must be checked against the official text and current version.