TITLE IGENERAL PROVISIONS AND THE ESTABLISHMENT AND FUNCTIONING OF LIMITED LIABILITY COMPANIES
CHAPTER IVCapital maintenance and alteration
Section 4Rules on companies' aquisitions of their own shares
Article 66Acceptance of the company's own shares as security
1
The acceptance of the company's own shares as security, either by the company itself or through a person acting in his own name but on the company's behalf, shall be treated as an acquisition for the purposes of Article 60, Article 61(1), and Articles 63 and 64.
2
The Member States may decide not to apply paragraph 1 to transactions concluded by banks and other financial institutions in the normal course of business.