An authorization is not required where the agreements relate to ordinary transactions carried out in the ordinary course of business .
Ordinary transactions are those carried out by a company, in a customary way, as part of its activities.
The ordinary course of business are those that are applied for similar agreements, not only by the company in question, but also by other companies in the same field.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 123
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 439 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