No one shall simultaneously accept more than three (3) appointments as chief executive officer
of public limited companies having their headquarters on the territory of a single State party.
Likewise, the office of the chief executive officer cannot be cumulated with more than two (2)
mandates of general director or general manager of public limited companies having their
headquarters on the territory of a single State party.
The provisions of paragraphs 3 and 4 of article 425 above pertaining to plurality of mandates of
director are applicable to the chief executive officer.
Duties and compensation of the chief executive officer
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 130
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 464 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