In all cases where this uniform Act provides for the transfer of a member’ securities, or their repurchase by the company, the value of such securities shall be determined, failing mutual agreement between parties, either by a designated expert, or by the parties, or failing agreement between them, by a decision of the competent court ruling expeditiously.
Ownership of securities by a single member
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 22
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 59 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