Lex Cameroon

Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique › Book 1 › Title 3 › Chapter 8

SECTION 53

Today
Securities shall confer to their holders: 1) a right to profits made by the company whenever their distributed have been decided ; 2) a right to net assets of the company at their distribution, at the dissolution of the company dissolution or in connection with the reduction of its capital; 3) where applicable, the obligation to contribute to company losses under the conditions laid down for each type of company; 4) the right to participate in and vote on the members’ collective decisions, unless otherwise provided for in this uniform Act for certain categories of securities.
Unofficial translation Transcription: Spot-checked In force from 05-05-2014 Source page 21

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ARTICLE 53

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Section 53 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
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