Vis-à-vis third parties, the management body, officers and board shall have, within the time limits set forth in this uniform Act for each type of company, full powers to bind the company without having to produce of a special power of attorney. Any limitation of their legal powers by the articles of association shall be unenforceable against bona fide third parties.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 41
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
How Lex Cameroon marks its texts →
Section 121 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/2014-01-30/auscgie-2014