Council Regulation (EC) No 1435/2003 Article 75

Article 75

Distribution Net assets shall be distributed in accordance with the principle of disinterested distribution, or, where permitted by the law of the Member State in which the SCE has its registered office, in accordance with an alternative arrangement set out in the statutes of the SCE. For the purposes of this Article, net assets shall comprise residual assets after payment of all amounts due to creditors and reimbursement of members' capital contributions.

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Other provisions in CHAPTER VII — WINDING UP; LIQUIDATION; INSOLVENCY AND CESSATION OF PAYMENTS

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 75 of Council Regulation (EC) No 1435/2003 (LawPlayer, data as of 2026-07-04)

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