Agreements approved or disapproved by the general meeting shall be fully effective in respect of parties and third parties.
However, the managing director may be liable for harmful consequences to the company of agreements disapproved by the general meeting.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 138
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 504 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