Subject to the provisions of Article [275] of this Decree Law, the following conditions apply for conversion into a Public Joint Stock Company: 1. The issued shares or equity stake shall be fully paid up or the partners shall have fully paid up their shares; 2. The completion of at least two [2] fiscal years; 3. A Special Resolution or any similar act to convert the Company into a Public Joint Stock Company. 4. Any other conditions set out under a resolution of the board of directors of the SCA.
Interpretation and application must be checked against the official text and current version.