Cap. 16 Art. 315Shares or interests in commercial companies, etc.

The following things are movables by regulation of law:

(a) shares or interests in commercial or industrial companies, even if immovable property is owned by such companies; in which latter case such shares or interests shall be deemed to be movables with respect to each shareholder and only as long as the company lasts;

(b) life or perpetual annuities, including capitals for annuities and debts due for interest ad formam bullae on capitals invested in the fund formerly existing under the name of provided such Massa Frumentaria, perpetual annuities, capitals and debts are not subject to entail;

(c) generally, all obligations, actions, even if hypothecary, and rights not considered immovable under the provisions of the last preceding sub-title.