Where an inalienability provision is stipulated in the articles of association, any shares transfer carried out in violation of such provision shall be null.
Where an inalienability provision is stipulated in the agreements referred to in article 2-1 above, any shares transfer carried out in violation of such provision shall be null once it is established that one of the transferees had knowledge of the clause or could not ignore its existence.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 196
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 765-2 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