The articles of association freely organize the procedures for the transfer of the equity interests between members. Failing this, the transfer of equity interests between partners shall be free.
The articles of association may also organize the procedures for the transfer of equity interests between spouses, ascendants and descendants. Failing this, the equity interests shall be freely transferable among the interested parties.
Shall be null, any transfer of equity interests made in violation of the provisions of the articles of association organized in accordance with this article.
Transfer to third parties
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 91
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 318 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