The general meeting of shareholders is the only body empowered to decide or authorize the issue of bonds. It may delegate necessary powers to the board of directors or the general director, as the case may be, to issue bonds in one or more times within a period of two (2) years, and to set its terms.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 203
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 783 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