The chief executive officer, the general manager, the deputy general manager of a company whose shares are admitted to trading at the stock exchange of a State party and the natural person or legal entities performing the duties of directors in the company are required to, within the time fixed in the second paragraph of this article, to put in the nominative form the shares belonging directly to them, or those that belong to their unemancipated minor children issued by the company itself, its subsidiaries, a company of which it is a subsidiary or by other subsidiaries of the latter company, when these shares are listed on the stock exchange of one or several/more States parties.
The time limit provided in the preceding paragraph is one month from the date on which these persons acquire the capacity in which they are subject to the provisions of the preceding paragraph. The time limit shall be twenty (20) days from the date of entry into possession when these persons acquire the shares referred to in the first paragraph of this article.
The same obligation shall apply to permanent representatives of legal entities performing the duties of a director in companies whose shares are admitted to trading at the stock exchange of one or more States parties as well as to non-physically separated spouses of all the people referred to in this article.
Shareholders meetings
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 226
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 830 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