The issue price of new shares or the conditions for fixing such price must be determined by the extraordinary general meeting based on the report of, as the case may be, the board of directors, the general director or the auditor.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 156
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 588 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