Thursday, September 3, 2020

Chapter 1. Provisions Applying to Persons Carrying on a Trade

 

BOOK I. TRADERS AND BUSINESSES

 

TITLE I. GENERAL PROVISIONS APPLICABLE TO TRADERS

 

Chapter 1. Provisions Applying to Persons Carrying on a Trade

 

Art. 1. - Scope of application of the Civil Code.

 

Unless otherwise provided in this Code, the provisions of the Civil Code shall apply to the status and activities of persons and business organisations carrying on a trade.

 

Art. 2. - Scope of application of the Maritime Code.

 

The relevant provisions of the Maritime Code shall apply to persons and business organisations carrying on maritime trade

 

Art. 3. - Persons and business organisations.

 

The provisions of this Code applicable to persons other than those provisions applicable to physical persons only shall apply to business organisations.

 Nothing shall affect the special provisions of Book II and Book V Title IV of this Code applicable to business organisations only.

 

Art. 4. - Bodies corporate under Public Law.

 

1.    Unless otherwise expressly provided by law, bodies corporate under public law, such as administrative or religious institutions or any other public undertakings shall not be deemed to be traders even where they carry on activities under Art. 5.

2.    The provisions of sub-art. (1) shall not apply to undertakings in which bodies corporate under public law only participate. 

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