French Commercial code
In forceThe receivership procedure is also applicable to the persons mentioned in the first paragraph of Article L. 631-2 after the cessation of their professional activity if all or part of their liabilities derive from the latter.
When a person exercising a commercial or craft activity, a farmer or any other natural person exercising an independent professional activity, including a liberal profession subject to a legislative or regulatory status or whose title is protected, has died while the assets involved in the professional activity or activities were in a situation of cessation of payments, the matter may be referred to the court, within one year of the date of death, on the summons of a creditor, whatever the nature of the claim, or at the request of the public prosecutor. Any of the debtor's heirs may apply to the court without any time limit.
