If the Company is not incorporated, the SCA shall announce such situation to the public. Such announcement shall entail the following: 1. Subscribers shall be entitled to recover the amounts paid by them within 10 [ten] Business days of the date of the announcement, together with their interests. The founders shall be jointly liable for the refund of such amounts and, if applicable, compensation. 2. The founders shall bear the expenses incurred in the course of incorporating the Company and shall be jointly liable vis-à-vis third parties for their own acts and conduct during the incorporation period.
Interpretation and application must be checked against the official text and current version.