The transfer of shares shall be recorded in a written document.
It shall be enforceable against the company only after completion of one of the following formalities:
1) notice of transfer to the company served by a bailiff; 2) the company acceptance of the transfer by an authentic act; 3) filing of an original copy of transfer deed at the headquarters against receipt from the manager of a certificate of deposit.
It shall be enforceable against third parties only after completion of this formality and after publicity by filing with the registry of commerce and securities.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 85
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 297 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