The general meeting that decides or authorizes an increase in capital may, in favor of one or several beneficiaries specifically named, cancel the pre-emptive subscription right for entirety of the capital increase or for one or several portions of such increase.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 155
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 586 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