Article 437 — Fixed or Interim Interests

1/ The memorandum of association may provide that a fixed or interim interest shall be paid to shareholders even where there are no profits. 2/ The interest under Sub-Article (1) of this Article may only be paid to the extent of interest secured from the capital of the company deposited in a bank during the period of preparatory works and construction of the enterprise; the interest being paid by the company to its shareholders shall cease to be payable as soon as normal business begins. 3/ A company may not pay interest to its shareholders in accordance with Sub-Article (1) of this Article unless this has been expressly provided for in the memorandum of association.