A public limited company may issue securities giving access to the capital of the company which owns directly or indirectly more than half of its capital or to a company in which it holds directly or indirectly more than half of the capital.
The issuance must be authorized by the extraordinary general meeting of the company called to issue these securities and that of the company in which the rights are exercised under the conditions set forth in article 822-5 above. Absent such authorization, the issuance shall be null.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 211
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 822-6 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