Section 127:
consolidated text (as at 2000). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
127. Debtors having ceased to be traders
(1) Debtors who cease to be traders shall be liable to be made bankrupts
in conformity with this Act for any debt or liability incurred whilst they were
traders.
(2) No person, other than a trader, shall be liable to be made bankrupt.
(3) A trader shall be liable to be made bankrupt even though he is a minor and has traded contrary to Article 2 of the Code de Commerce.
(4) This Act shall not apply to a company as defined in the Companies
Act.